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HR 5962 110th Congress House Taxation Counseling Finance and Financial Sector Home ownership Housing and Community Development Housing finance Income tax Labor and Employment Mortgages Property tax Social Welfare Tax credits Tax deductions Tax exclusion Unemployment insurance

Keep Our Homes Act of 2008

Introduced: May 5, 2008 Introduced by: Diaz-Balart, Mario Republican · Florida See on congress.gov
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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
May 5, 2008
Referred to the House Committee on Ways and Means.
May 5, 2008
Introduced in House
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 Plain-English summary Congressional Research Service

Keep Our Homes Act of 2008 - Amends the Internal Revenue Code to allow: (1) a tax deduction through 2012 for mortgage counseling costs; (2) a tax deduction through 2009 for amounts, up to $5,000, of mortgage indebtedness in excess of the assessed value of a principal residence; (3) a one-time tax credit for a percentage of the purchase price of a principal residence; (4) nonitemizing taxpayers a tax deduction in 2008 or 2009 for real property taxes; and (5) an exclusion from gross income for unemployment compensation received in 2008 or 2009.

What's happening now May 5, 2008

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 1 Republican 1
D
Davis, Danny K.
Illinois · May 5, 2008
Murphy, Tim
· May 5, 2008
ROS-LEHTINEN, ILEANA
· May 5, 2008
 R
Turner, Michael R.
Ohio · May 5, 2008
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5962: Keep Our Homes Act of 2008. 110th Congress. Open America. https://openamerica.io/bill/110-HR-5962/
MLA
"H.R. 5962: Keep Our Homes Act of 2008." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-5962/.
Bluebook (legal)
H.R. 5962, 110th Cong. (2026), https://openamerica.io/bill/110-HR-5962/.
Markdown link
[H.R. 5962: Keep Our Homes Act of 2008](https://openamerica.io/bill/110-HR-5962/)
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