Official Summary

9/16/2009--Introduced.Amends Internal Revenue Code provisions relating to the first-time homebuyer tax credit to: (1) extend such tax credit through May 31, 2010; (2) extend through December 31, 2009, the date until which purchases of a principal residence may be treated as made on Decembe

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Official Summary

9/16/2009--Introduced.Amends Internal Revenue Code provisions relating to the first-time homebuyer tax credit to:
(1) extend such tax credit through May 31, 2010;
(2) extend through December 31, 2009, the date until which purchases of a principal residence may be treated as made on December 31, 2008, for tax purposes; and
(3) extend through May 31, 2010, the waiver of recapture requirements for residences purchased after December 31, 2008.

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