We have received text from H.R. 8116: Shared Home Appreciation for Residential Equity Act. This bill was received on 2026-03-26, and currently has 2 cosponsors.
Here is a short summary of the bill:
The Shared Home Appreciation for Residential Equity Act, known as the SHARE Act, proposes changes to tax laws regarding shared appreciation mortgage contracts. Here’s a breakdown of the key points:
Definition of Shared Appreciation Mortgage
A shared appreciation mortgage is defined as:
- A mortgage secured by a second lien on a residential property designed for one to four families.
- A mortgage that allows the lender to receive a predetermined percentage of the property’s increase in value.
- One where the mortgagor (the borrower) only needs to make a payment as specified in the mortgage terms.
- The mortgage amount does not exceed 49% of the property's purchase price.
- It must be subordinate to a first lien that is classified as a 'qualified mortgage' under federal law.
- The repayment of the mortgage is deferred until specific conditions are met, such as the maturity of the first mortgage, sale of the property, or full repayment of the first mortgage.
Tax Exclusions Proposed
The bill specifies that certain amounts related to shared appreciation mortgages could be excluded from gross income, specifically:
- Any repayment amount that exceeds the original principal of the shared appreciation mortgage, provided that:
- The borrower's income does not exceed 140% of the area median income for the location of the property at the time the loan was issued.
- The property in question is the borrower's principal residence.
- Any gain from the sale of a capital asset linked to these mortgage contracts.
Eligibility and Effective Date
The provisions of this law will apply to amounts received after December 31, 2025.
Clerical Amendment
The Act also includes a clerical amendment to the Internal Revenue Code to add the new section on shared appreciation mortgage contracts.
Relevant Companies
None found.Representative Blake D. Moore Bill Proposals
Here are some bills which have recently been proposed by Representative Blake D. Moore:
- H.R.8225: To designate the facility of the United States Postal Service located at 111 South Tremont Street in Tremonton, Utah, as the "Sorensen-Estrada Post Office".
- H.R.8117: Fair Treatment of Religious Organizations Act of 2026
- H.R.8116: To amend the Internal Revenue Code of 1986 to exclude from gross income certain proceeds of shared appreciation mortgage contracts.
- H.R.7944: Semi-Trailer Tax Parity Act
- H.R.7840: Event Contract Enforcement Act
- H.R.7403: No Foreign NIL Funds Act
You can track bills proposed by Representative Blake D. Moore on Quiver Quantitative's politician page for Moore.
Representative Blake D. Moore Net Worth
Quiver Quantitative estimates that Representative Blake D. Moore is worth $9.7M, as of April 17th, 2026. This is the 108th highest net worth in Congress, per our live estimates.
Moore has approximately $581.8K invested in publicly traded assets which Quiver is able to track live.
You can track Representative Blake D. Moore's net worth on Quiver Quantitative's politician page for Moore.
Representative Blake D. Moore Stock Trading
We have data on up to $3.2M of trades from Representative Blake D. Moore, which we parsed from STOCK Act filings. Some of the largest trades include:
- A January 19th, 2024 purchase of up to $250K of $VUG. The stock has risen 52.04% since then.
- A January 19th, 2024 purchase of up to $250K of $SPY. The stock has risen 45.44% since then.
- A December 20th, 2021 sale of up to $100K of $WYNN. The stock has risen 32.22% since then.
- A January 19th, 2024 sale of up to $50K of $AAPL. The stock has risen 37.5% since then.
- A January 19th, 2024 sale of up to $50K of $GOOG. The stock has risen 124.89% since then.
You can track Representative Blake D. Moore's stock trading on Quiver Quantitative's politician page for Moore.
2026 Utah's 1st Congressional District Election
There has been approximately $5,958,258 of spending in Utah's 1st congressional district elections over the last two years, per our estimates.
Approximately $23,492 of this has been from outside spending by PACs and Super PACs.
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 Utah's 1st congressional district election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
