US SB312 | 2009-2010 | 111th Congress
Status
Sponsorship: Bipartisan Bill
Status: Introduced on January 22 2009 - 25% progression, died in chamber
Action: 2009-01-22 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 22 2009 - 25% progression, died in chamber
Action: 2009-01-22 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
First-Time Homebuyers' Tax Credit Act of 2009 - Amends the Internal Revenue Code to allow an individual taxpayer who qualifies as a first-time homebuyer (i.e., an individual who had no ownership interest in a principal residence within the past two years) a one-time refundable credit for up to $20,000 of the purchase price of a principal residence. Reduces such credit for taxpayers with adjusted gross incomes exceeding $75,000 ($150,000 for married couples filing jointly).
Title
First-Time Homebuyers' Tax Credit Act of 2009
Sponsors
| Sen. Benjamin Cardin [D-MD] | Sen. John Ensign [R-NV] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-01-22 | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/312/all-info |
| Text | https://www.congress.gov/111/bills/s312/BILLS-111s312is.pdf |
