U.S. Congress - S.1230 Home Buyer Tax Credit Act of 2009
S.1230 - Home Buyer Tax Credit Act of 2009
A bill to amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases. view all titles (2)
All Bill Titles
- Official: A bill to amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases. as introduced.
- Short: Home Buyer Tax Credit Act of 2009 as introduced.
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Official Summary
6/10/2009--Introduced.Home Buyer Tax Credit Act of 2009 - Amends the Internal Revenue Code to replace the current tax credit for first-time homebuyers with a one-time credit for 10% of the purchase price of a principal residence, up to $15,000. Requires repayment of credit amounts if the tOfficial Summary
6/10/2009--Introduced.Home Buyer Tax Credit Act of 2009 - Amends the Internal Revenue Code to replace the current tax credit for first-time homebuyers with a one-time credit for 10% of the purchase price of a principal residence, up to $15,000. Requires repayment of credit amounts if the taxpayer sells or fails to occupy the residence within 24 months after the date of purchase....Read the Rest
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