HR 3382
111th Congress
House
Taxation
Energy efficiency and conservation
Environmental technology
Income tax credits
Income tax deductions
Residential rehabilitation and home repair
Retail and wholesale trades
HIRE Act of 2009
Introduced: July 29, 2009
Introduced by:
Johnson, Henry C. "Hank"
Democratic
· Georgia
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 29, 2009
Referred to the House Committee on Ways and Means.
Jul 29, 2009
Introduced in House
Plain-English summary
Home Improvements Revitalize the Economy Act of 2009 or the HIRE Act of 2009 - Amends the Internal Revenue Code to allow: (1) an income-based tax deduction (up to $2,000) for the purchase of residential building products and furnishings (up to $4,000 for products and furnishings that meet specified environmental standards); (2) a tax credit for 20% (up to $500) of the purchase price of residential building products and furnishings; and (3) a general business tax credit for the purchase of residential building products and furnishings for resale to customers. Terminates such deduction and credits after 2011.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1