H.R.2655 - To amend the Internal Revenue Code of 1986 to expand and extend the first-time homebuyer credit.

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  • Official: To amend the Internal Revenue Code of 1986 to expand and extend the first-time homebuyer credit. as introduced.

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Introduced
 
House
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Senate
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President
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06/01/09
 
 
 
 
 
 
 

Official Summary

6/2/2009--Introduced.Amends the Internal Revenue Code to: (1) extend the first-time homebuyer tax credit to all individuals who purchase a principal residence (currently, only first-time homebuyers as so defined); (2) extend such credit and the waiver of recapture requirements for such cre

Official Summary

6/2/2009--Introduced.Amends the Internal Revenue Code to:
(1) extend the first-time homebuyer tax credit to all individuals who purchase a principal residence (currently, only first-time homebuyers as so defined);
(2) extend such credit and the waiver of recapture requirements for such credit through 2010; and
(3) expand the election to treat a purchase of a principal residence as made in a prior taxable year for purposes of such credit.

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Recent Blog Coverage

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11/22/10
Executive Orders - Patriotic Resistance

Ron Paul tried to address this specifically with HR 2655 and Bob Barr attempted to rein this in with HR 3131, neither of which apparently ever got out of committee or were voted on by the House or the Senate (as far as I can tell). ...

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11/19/10
Executive Orders – A Blueprint for Dictatorship?

Ron Paul (R-Texas) have proposed legislation called the Separation of Powers Restoration Act (HR 2655).” The bill would restore the proper division of power within the branches of government, thereby preventing further executive abuse. ...

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10/04/10
Thailand, the constraints of success : report of a - Development ...

... (2) two, H.R. 2655, the 1988 rewrite of the Foreign Assistance Act, identified management of natural resources as one of the four principal objectives of U.S. economic assistance programs. A principal focus of the U.S. development ...

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