The Home Savings Act, introduced by Rep. John McGuire, R-Va., would amend the Internal Revenue Code of 1986 to allow for penalty-free withdrawals from 401 (k) accounts for up to five years if the withdrawals are used “for a down payment or closing costs associated with acquiring a principal residence,” according to the bill text.

The bill, which establishes specific criminal penalties for the illegal transport of adults and minors, passed the House on an 81-9 vote.

Virginia lawmakers propose moving VMI under HBCU governance through Virginia State University's Board of Visitors.

House Rules Committee approves spending bill funding ICE as Rep. Tom Cole and Rosa DeLauro navigate bipartisan negotiations despite conservative concerns.