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HR 1730 106th Congress House Taxation Accounting Business income tax Commerce Consumer credit Finance and Financial Sector Home ownership Housing and Community Development Income tax Real estate business Single family housing Tax administration

First-Time Homebuyers Assistance Act

Introduced: May 6, 1999 See on congress.gov
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 6, 1999
Referred to the House Committee on Ways and Means.
May 6, 1999
Sponsor introductory remarks on measure. (CR E897)
May 6, 1999
Introduced in House
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 Plain-English summary Congressional Research Service
First-Time Homebuyers Assistance Act - Amends the Internal Revenue Act to permit the installment method to be used to report income from the sale of certain residential real property to a purchaser having no ownership interest in such a property during the prior three-year period. (Exempts such sale from specified dealer disposition provisions.)

Applies certain pledge of installment obligation provisions to such sales.

What's happening now May 6, 1999

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Lofgren, Zoe
California · Jun 24, 1999
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1730: First-Time Homebuyers Assistance Act. 106th Congress. Open America. https://openamerica.io/bill/106-HR-1730/
MLA
"H.R. 1730: First-Time Homebuyers Assistance Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-1730/.
Bluebook (legal)
H.R. 1730, 106th Cong. (2026), https://openamerica.io/bill/106-HR-1730/.
Markdown link
[H.R. 1730: First-Time Homebuyers Assistance Act](https://openamerica.io/bill/106-HR-1730/)
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