You're still correct about the exemption, but the residency requirement would be changed from 2 of the previous 5 years of ownership to 5 of the previous 8 years.
So, my example of someone moving say after 4 years of ownership would see any capital gain on the house taxed, whereas previously they would not.
Still surprised they aren't raising the exemption amount for someone staying in a house for a longer period, say 10 years or more. Gotta save those tax cuts for corporations and the wealthy
I’m fine with companies getting a tax cut. That’ll bring jobs back to the United States. Capitalism works when it is tried and not punished.