HB1211
Income tax, state; first-time homebuyer tax credit.
Status:
In House
Latest Action:
Feb. 2, 2026
House: Subcommittee recommends laying on the table (7-Y 3-N)
Chief Patron:
Briana Sewell (D)
Session:
2026 Regular Session
Summary
As Introduced. Individual income tax; first-time homebuyer tax credit.
Creates a one-time, nonrefundable individual income tax credit in taxable years 2026 through 2030 for the purchase of a principal residence by a first-time homebuyer, as such terms are defined in the bill, in an amount equal to $5,000. The bill requires that any credits be repaid if the principal ... (More) residence is sold or no longer serves as the first-time homebuyer's principal residence within three years from the purchase date of such property. (Less)-
Bill History
- 01/14/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26105125D
- 01/14/2026 - House: Referred to Committee on Finance
- 01/28/2026 - House: Fiscal Impact statement From TAX (1/28/2026 9:17 am)
- 01/30/2026 - House: Placed on Finance Agenda
- 02/02/2026 - House: Subcommittee recommends laying on the table (7-Y 3-N)
