Bilirakis and Patronis introduce the Save for Success Act to assist first-time homebuyers in accessing housing expenses.
Quiver AI Summary
Legislative Initiative for First-Time Homebuyers: Congressman Gus Bilirakis and Congressman Jimmy Patronis have introduced the Save for Success Act, aimed at assisting first-time homebuyers. The legislation proposes the use of distributions from qualified tuition programs for housing expenses, thus aiming to make homeownership more accessible.
Comments from the Sponsors: Bilirakis emphasized that rising costs make homeownership increasingly unattainable, noting the bill seeks to expand opportunities for homeownership. Patronis echoed this sentiment, stating the bill would enhance affordability for young families and strengthen community ties.
Provisions of the Act: The Save for Success Act would amend the Internal Revenue Code to classify certain housing costs, including closing costs and mortgage payments, as "qualified housing expenses." It defines first-time homebuyers and sets eligibility for distributions after December 31, 2026.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Gus M. Bilirakis Fundraising
Gus M. Bilirakis recently disclosed $125.4K of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 667th most from all Q4 reports we have seen this year. 32.6% came from individual donors.
Bilirakis disclosed $107.3K of spending. This was the 703rd most from all Q4 reports we have seen from politicians so far this year.
Bilirakis disclosed $347.8K of cash on hand at the end of the filing period. This was the 706th most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Gus M. Bilirakis's fundraising on Quiver Quantitative.
Gus M. Bilirakis Bill Proposals
Here are some bills which have recently been proposed by Gus M. Bilirakis:
- H.R.7027: To amend title 10, United States Code, to eliminate the recoupment of separation pay, special separation benefits, and voluntary separation incentive payments from members of the Armed Forces who subsequently receive disability compensation under laws administered by the Department of Veterans Affairs and to impose limitations on the authority of the Secretary of Defense to recoup such pay from members who subsequently receive military retired or retainer pay.
- H.R.6840: ARMENIA Security Partnership Act
- H.R.6484: Kids Online Safety Act
- H.R.6128: VISIT USA Act
- H.R.4837: Written Informed Consent Act
- H.R.4312: SCORE Act
You can track bills proposed by Gus M. Bilirakis on Quiver Quantitative's politician page for Bilirakis.
2026 Florida's 12th Congressional District Election
There has been approximately $1,870,358 of spending in Florida's 12th congressional district elections over the last two years, per our estimates.
Approximately $142,028 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- VETERANS AID PAC ($86,428)
- UNITED VETERANS ALLIANCE OF AMERICA PAC ($55,599)
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Florida's 12th congressional district election.