What does Preamble of Make the American Dream Real Again Act do?

This bill aims to amend the Internal Revenue Code of 1986 It proposes a refundable credit for qualified home acquisition expenses

What does SHORT TITLE. of Make the American Dream Real Again Act do?

This bill is formally titled the Make the American Dream Real Again Act

What does REFUNDABLE CREDIT FOR QUALIFIED HOME ACQUISITION EXPENSES. of Make the American Dream Real Again Act do?

This section amends the Internal Revenue Code to allow a refundable credit for qualified home acquisition expenses. The credit applies to individuals who sell their principal residence to a first-time homebuyer. The credit amount is the lesser of the qualified home acquisition expenses or the decrease in tax liability from excluding gain from the sale.

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Make the American Dream Real Again Act

Last updated: 5/7/2026 · Introduced: 5/7/2026

Author: Eric Burlison (R-MO)

TL;DR (AI)

This bill establishes a refundable tax credit for individuals selling their principal residence to a first-time homebuyer.
The credit amount is calculated as the lesser of qualified home acquisition expenses or the decrease in tax liability from excluding gain on the home sale.
The bill amends the Internal Revenue Code of 1986 to implement this new tax credit.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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