HB183
First-time home buyer savings plan; townhouses, principal limits.
Summary
As Passed House of Origin. First-time home buyer savings plan; townhouses; principal limits.
Includes townhouses in the definition of single-family residence for purposes of the First-Time Home Buyer Savings Plan Act. The bill also increases (i) the aggregate amount of principal that can be contributed to a first-time home buyer savings account from $50,000 to $100,000 and (ii) the limit on the amount ... (More) of principal and interest or other income on the principal that may be retained in such an account from $150,000 to $200,000. The bill defines first-time home buyer, and includes that term in the definition of qualified beneficiary. (Less)-
Bill History
- 01/07/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26101205D
- 01/07/2026 - House: Referred to Committee on Appropriations
- 01/15/2026 - House: Assigned HAPP sub: Commerce Agriculture & Natural Resources
- 01/17/2026 - House: Fiscal Impact statement From TAX (1/17/2026 11:43 am)
- 01/20/2026 - House: Placed on Appropriations Agenda
- 01/21/2026 - House: House subcommittee offered
- 01/21/2026 - House: Subcommittee recommends reporting with substitute
- 01/27/2026 - House: Placed on Appropriations Agenda
- 01/28/2026 - House: Reported from Appropriations with substitute (16-Y 5-N)
- 01/28/2026 - House: House committee offered
- 01/28/2026 - House: Committee substitute printed 26105761D-H1
- 01/30/2026 - House: Read first time
- 02/02/2026 - House: Read second time
- 02/02/2026 - House: committee substitute agreed to
- 02/02/2026 - House: Engrossed by House - committee substitute
- 02/03/2026 - House: Read third time and passed House (96-Y 2-N 0-A)
- 02/04/2026 - Senate: Constitutional reading dispensed (on 1st reading)
- 02/04/2026 - Senate: Referred to Committee on Finance and Appropriations
- 02/17/2026 - House: Fiscal Impact statement From TAX (2/17/2026 6:47 pm)
- 02/25/2026 - Senate: Continued to next session in Finance and Appropriations (15-Y 0-N)
