To amend the Internal Revenue Code of 1986 to treat certain spouses and surviving spouses of military veterans as veterans for purposes of the exception to the 3-year ownership look-back limitation for qualified mortgage bonds and mortgage credit certificates.

Sponsor: Gwen Moore (Democratic-WI)July 22, 2026

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the House Committee on Ways and Means.

Lets certain military spouses and surviving spouses get home loan benefits sooner.

This bill would help some military spouses and surviving spouses get home loan benefits faster. Right now, most people have to wait three years after owning a home to get these benefits, but veterans do not. This bill would give the same exception to certain spouses and surviving spouses, making it easier for them to buy homes.

What Would Change

Today, if you've owned a home in the last three years, you generally can't get certain home loan benefits like qualified mortgage bonds or mortgage credit certificates, unless you are a military veteran. After this bill, certain spouses and surviving spouses of military veterans would also be exempt from this 3-year waiting period, making them eligible for these benefits sooner.

Key Provisions

Extends eligibility for certain home loan benefits to spouses of military veterans who meet specific VA criteria.
Extends eligibility for certain home loan benefits to surviving spouses of military veterans who meet specific VA criteria.
Removes the 3-year waiting period for these eligible spouses and surviving spouses to get specific home loan benefits.
Requires the Treasury Department, with the VA, to create rules for who qualifies as an eligible spouse or surviving spouse for these benefits.
Takes effect for bonds and mortgage credit certificates issued after December 31, 2026.

View on Congress.gov

HR 9861 · 119th Congress · July 22, 2026 · AI Summary by gemini-2.5-flash · 10/10

To amend the Internal Revenue Code of 1986 to treat certain spouses and surviving spouses of military veterans as veterans for purposes of the exception to the 3-year ownership look-back limitation for qualified mortgage bonds and mortgage credit certificates.

What Would Change

Key Provisions

Lobbying Activity