S.1678 - A bill to amend the Internal Revenue Code of 1986 to extend the first-time homebuyer tax credit, and for other purposes.

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  • Official: A bill to amend the Internal Revenue Code of 1986 to extend the first-time homebuyer tax credit, and for other purposes. as introduced.

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Introduced
 
Senate
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House
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President
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09/16/09
 
 
 
 
 
 
 

Official Summary

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 pur

Official Summary

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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