HR 1317
111th Congress
House
Taxation
Housing finance and home ownership
Income tax credits
To amend the Internal Revenue Code of 1986 to provide a tax credit to individuals who pay their mortgages on time.
Introduced: March 4, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 4, 2009
Referred to the House Committee on Ways and Means.
Mar 4, 2009
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow individual taxpayers who are liable for one or more principal residence mortgage payments which are due in 2008 or 2009 a $5,000 tax credit for making such payments on time. Requires a statement from the mortgage lender that the taxpayer was not delinquent in making any payments.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1