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HR 3761 111th Congress House Taxation Appropriations Housing finance and home ownership Income tax credits Tax administration and collection, taxpayers

To amend the Internal Revenue Code of 1986 to extend the first-time homebuyer tax credit, and for other purposes.

Introduced: October 8, 2009 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 8, 2009
Referred to House Appropriations
Oct 8, 2009
Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oct 8, 2009
Referred to House Ways and Means
Oct 8, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Amends Internal Revenue Code provisions relating to the first-time homebuyer tax credit to: (1) extend such tax credit through May 31, 2010; (2) extend through December 31, 2009, the date until which purchases of a principal residence may be treated as made on December 31, 2008, for tax purposes; and (3) extend through May 31, 2010, the waiver of recapture requirements for residences purchased after December 31, 2008.

Rescinds certain discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009 to cover the cost of this Act.

What's happening now October 8, 2009

Referred to House Appropriations

 Committees of jurisdiction 2