US HB3760 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Republican 16-0)
Status: Introduced on October 8 2009 - 25% progression, died in committee
Action: 2009-10-08 - Referred to House Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Home Buyer Tax Credit Act of 2009 - Amends the Internal Revenue Code to replace the current tax credit for first-time homebuyers with a one-time credit for 10% of the purchase price of a principal residence, up to $15,000. Requires the repayment of such credit if the taxpayer sells or fails to occupy the residence within 24 months after the date of purchase. Rescinds certain discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009 to cover the cost of this Act.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Home Buyer Tax Credit Act of 2009

Sponsors


History

DateChamberAction
2009-10-08 Referred to House Appropriations
2009-10-08 Referred to House Ways and Means
2009-10-08 Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Same As/Similar To

HB1245 (Related) 2009-03-02 - Referred to the House Committee on Ways and Means.
HB3825 (Related) 2009-10-15 - Referred to the House Committee on Ways and Means.
SB1230 (Related) 2009-06-10 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

feedback