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S 1678 111th Congress Senate Taxation Housing finance and home ownership Income tax credits Tax administration and collection, taxpayers

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

Introduced: September 16, 2009 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 16, 2009
Read twice and referred to the Committee on Finance.
Sep 16, 2009
Sponsor introductory remarks on measure. (CR S9439-9440)
Sep 16, 2009
Introduced in Senate
 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.

What's happening now September 16, 2009

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1