Skip to main content
HR 5565 110th Congress House Taxation Finance and Financial Sector Foreclosure Home ownership Housing and Community Development Income tax Loan defaults Mortgages Single family housing Tax credits

To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.

Introduced: March 10, 2008 Introduced by: Wilson, Joe Republican · South Carolina See on congress.gov
This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 10, 2008
Referred to the House Committee on Ways and Means.
Mar 10, 2008
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow purchasers of a single-family principal residence a one-time tax credit for up to $15,000 of the purchase price. Requires such a residence to be purchased after February 29, 2008, and before March 1, 2009, and that it be: (1) a new previously unoccupied residence for which a building permit has been issued and construction began on or before September 1, 2007; (2) an owner-occupied residence with a mortgage indebtedness in default on or before March 1, 2008; or (3) in foreclosure and owned by the mortgagor or the mortgagor's agent.

What's happening now March 10, 2008

Referred to the House Committee on Ways and Means.

 Related & companion bills 3
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5565: To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.. 110th Congress. Open America. https://openamerica.io/bill/110-HR-5565/
MLA
"H.R. 5565: To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-5565/.
Bluebook (legal)
H.R. 5565, 110th Cong. (2026), https://openamerica.io/bill/110-HR-5565/.
Markdown link
[H.R. 5565: To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.](https://openamerica.io/bill/110-HR-5565/)
Report a problem