U.S. Congress - H.R.2655 To amend the Internal Revenue Code of 1986 to expand and extend the first-time homebuye...
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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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 creOfficial 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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