Homeowner Empowerment Act of 2008
To amend the Internal Revenue Code of 1986 to exclude from gross income certain distributions from qualified retirement plans used for mortgage payments.
Other Bill Titles (2 more) 4/10/2008--Introduced.
Homeowner Empowerment Act of 2008 - Amends the Internal Revenue Code to:
(1) exclude from gross income distributions from individual retirement plans and other qualified retirement plans for payments on the mortgage of a taxpayer's principal res... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| April 10, 2008 |
In the News
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Blog Coverage
April 28, 2008 Really Bad Financial Advice from Your Congressman My suggested ...
John Shadegg, R-Ariz., has a fascinating plan (HR 5776, the âHomeowner Empowerment Actâ) which he claims will help homeowners facing foreclosure. Fascinating not because it might help homeowners (of course not), but for what it says ...
Source: LiberalDesert
April 18, 2008 Capital Briefs: April 21-25 - HUMAN EVENTS
Under Shadeggâs Homeowner Empowerment Act of 2008 (H.R. 5776), individuals would be permitted to access their retirement savings accounts without paying the usual penalties, in order to make their mortgage payments. ...
Source: The Front Page
April 09, 2008 bill action: introduced: hr 5776: to amend the internal revenue ...
john shadegg [r-az] introduced hr 5776: to amend the internal revenue code of 1986 to exclude from gross income certain distributions from qualified retirement plans used for mortgage payments. [this event matched these trackers: active ...










