,,ii #aaith ,,congress #ast ,session ,s4 #bhfg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #ah 7legislative day1 ,september #af71 #bjbe,mr4 ,gallego 7for himself and ,mr4 ,young7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to increase the limitation on qualified first-time homebuyer distributions1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,uplifting ,first-,time ,homebuyers ,act of #bjbe4 #b4 ,increasing the limitation on qualified first-time homebuyer distributions 7a7 ,in general ,section #gb7t77#h77;,b77i7 of the ,internal ,revenue ,code of #aihf is amended by striking #aj1jjj and inserting #ej1jjj4 7b7 ,effective date ,the amendment made by this ,act shall apply to taxable years beginning after ,december #ca1 #bjbd4