HR 2655
111th Congress
House
Taxation
Housing finance and home ownership
Income tax credits
Tax administration and collection, taxpayers
To amend the Internal Revenue Code of 1986 to expand and extend the first-time homebuyer credit.
Introduced: June 2, 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
Jun 2, 2009
Referred to the House Committee on Ways and Means.
Jun 2, 2009
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to: (1) extend the first-time homebuyer tax credit to all individuals who purchase a principal residence (currently, only first-time homebuyers as so defined); (2) extend such credit and the waiver of recapture requirements for such credit through 2010; and (3) expand the election to treat a purchase of a principal residence as made in a prior taxable year for purposes of such credit.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1