US HB3975 | 2015-2016 | 114th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on November 5 2015 - 25% progression, died in committee
Action: 2015-11-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Veterans Homebuyer Accessibility Act of 2015 This bill amends the Internal Revenue Code, with respect to the tax credit for first-time homebuyers, to: (1) allow a veteran of the Armed Forces a tax credit for 10% of the purchase price of a principal residence purchased prior to January 1, 2018; (2) allow an additional credit for the cost, not exceeding $8,000 in a taxable year, of installing special fixtures or movable facilities in a residence to accommodate a disability of the veteran; and (3) require a recapture of credit amounts if the veteran sells such residence within 36 months after purchasing it.

Tracking Information

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Title

Veterans Homebuyer Accessibility Act of 2015

Sponsors


History

DateChamberAction
2015-11-05HouseReferred to the House Committee on Ways and Means.
2015-11-05HouseIntroduced in House

Same As/Similar To

SB2277 (Related) 2015-11-10 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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