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]
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.
Title
Veterans Homebuyer Accessibility Act of 2015
Sponsors
Rep. James Langevin [D-RI] | Rep. Paul Cook [R-CA] | Rep. Dina Titus [D-NV] |
History
Date | Chamber | Action |
---|---|---|
2015-11-05 | House | Referred to the House Committee on Ways and Means. |
2015-11-05 | House | Introduced in House |
Same As/Similar To
SB2277 (Related) 2015-11-10 - Read twice and referred to the Committee on Finance.
Subjects
Housing finance and home ownership
Income tax credits
Residential rehabilitation and home repair
Taxation
Veterans' loans, housing, homeless programs
Income tax credits
Residential rehabilitation and home repair
Taxation
Veterans' loans, housing, homeless programs
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/3975/all-info |
Text | https://www.congress.gov/114/bills/hr3975/BILLS-114hr3975ih.pdf |