,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #bhjh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #g1 #bjag,mr4   
,sean ,patrick ,maloney ( ,new ,york 7= 
himself & ,mr4 ,c(fman7 introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to increase ! am\nt t c be )drawn 
)\t p5alty f individual retirem5t plans 
z fir/-"t homebuy] di/ributions4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,fir/ ,"t ,home[n] ,sav+s ,plan ,act4   
#b4 ,increase 9 limitation on           
p5alty-free fir/-"t homebuy]            
di/ributions  7a7 ,9 g5]al ,section     
#gb7t77#h77;,b77i7 ( ! ,int]nal ,rev5ue 
,code ( #aihf is am5d$ by /rik+ #aj1jjj 
& ins]t+ #be1jjj4  7b7 ,inflation       
adju/m5t ,section #gb7t77#h7 ( su* ,code
 is am5d$ by add+ at ! end ! foll[+ new 
subp>agraph3  7,f7 ,inflation adju/m5t  
,9 ! case ( any taxable ye> beg9n+ 9 a  
cal5d> ye> aft] #bjah1 ! #be1jjj am\nt 9
 subp>agraph 7,b77i7 %all be increas$ by

 an am\nt equal to--  7i7 su* doll>     
am\nt1 multipli$ by  7ii7 ! co/-(-liv+  
adju/m5t det]m9$ "u section #a7;f77#c7 =
 ! cal5d> ye> 9 :i* ! taxable ye> beg9s1
 by sub/itut+ cal5d> ye> #bjag = cal5d> 
ye> #aiib4  ,any increase det]m9$ "u !  
prec$+ s5t5ce %all be r\nd$ to ! ne>e/  
multiple ( #ajj4  4  7c7 ,effective date
 ,! am5dm5ts made by ?is section %all   
apply to di/ributions made ,decemb] #ca1
 #bjag1 9 taxable ye>s end+ aft] su*    
date4