Rep. Steube Introduces Legislation to Help Americans Achieve Homeownership
WASHINGTON, D.C.—U.S. Representative Greg Steube (R-Fla.) and Representative Jimmy Panetta (D-Calif.) introduced the Homeownership Opportunity Act, legislation that allows penalty-free early distributions from workplace retirement savings for down payments and closing costs when purchasing a primary residence. Qualifying distributions used for either purpose are excluded from gross income.






