H.R. 7349

Summary

H.R. 7349, the Time to Heal Act, was introduced in the House on Feb 4, 2026 by Rep. Tom Barrett (R) with 2 co-sponsors. It was referred to Ways And Means, and last saw action on Feb 4, 2026: Referred to the House Committee on Ways and Means.

Record

Text

H.R. 7349 has 2 co-sponsors.

119 HR 7349 IH: Time to Heal Act
 U.S. House of Representatives
 2026-02-04
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  2d Session  H. R. 7349  IN THE HOUSE OF REPRESENTATIVES   February 4, 2026   Mr. Barrett  introduced the following bill; which was referred to the  Committee on Ways and Means    A BILL
To amend the Internal Revenue Code of 1986 to give individuals with deceased spouses the same exclusion of gain from the sale of a principal residence as is allowed to married couples, regardless of how much time has passed since such death.
1.
Short title
This Act may be cited as the   Time to Heal Act  .
2.
Special rule for certain home sales by individuals with deceased spouses
(a)
In general
 Section 121(b)(4)  of the Internal Revenue Code of 1986 is amended to read as follows:
(4)
Special rule for certain sales by individuals with deceased spouses
In the case of a sale or exchange of property by an individual whose spouse is deceased on the date of such sale or exchange, paragraph (1) shall be applied by substituting  $500,000  for  $250,000  if—
(A)
the requirements of paragraph (2)(A) were met immediately before such date of death, and
(B)
such individual has not remarried at any time after such date of death and before the close of the taxable year in which such sale occurs.
 .
(b)
Effective date
The amendment made by this section shall apply to sales and exchanges made in taxable years beginning after the date of the enactment of this Act.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

To amend the Internal Revenue Code of 1986 to give individuals with deceased spouses the same exclusion of gain from the sale of a principal residence as is allowed to married couples, regardless of how much time has passed since such death.

Sponsors

Rep. Tom Barrett (R) sponsors H.R. 7349, and 2 members have co-sponsored it.

Tom Barrett

Rep. · R–MI-7 · Sponsor

Introduced Feb 4, 2026

Jimmy Panetta

Rep. · D–CA-19 · Co-sponsor

Joined Feb 11, 2026

Adrian Smith

Rep. · R–NE-3 · Co-sponsor

Joined Jul 13, 2026

Show 3 of 3 rows

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Committees

H.R. 7349 went before 1 committee: Ways and Means.

Ways and Means

Ways and Means

Referred To · Feb 4, 2026 · 1,160 Bills

Actions

H.R. 7349 has taken 2 actions since Feb 4, 2026.

Votes

H.R. 7349 has not gone to a roll call.

Titles

H.R. 7349 goes by 3 titles, 1 of them short titles.

• Time to Heal Act — Display Title
• Time to Heal Act — Short Title(s) as Introduced
• To amend the Internal Revenue Code of 1986 to give individuals with deceased spouses the same exclusion of gain from the sale of a principal residence as is allowed to married couples, regardless of how much time has passed since such death. — Official Title as Introduced

Lobbying

1 client hired 1 firm and 25 registered lobbyists who named H.R. 7349 in 2 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Banking, Budget/Appropriations, Civil Rights/Civil Liberties, Consumer Issues/Safety/Products, Environment/Superfund, Financial Institutions/Investments/Securities, Housing, Immigration.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 25.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 7349 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 7349’s is Taxation.

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 7349, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 25 (Wednesday, February 4, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BARRETT:H.R. 7349.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H2031]

Source: congress.gov · legiscan.com