HR 3975
114th Congress
House
Taxation
Housing finance and home ownership
Income tax credits
Residential rehabilitation and home repair
Veterans' loans, housing, homeless programs
Veterans Homebuyer Accessibility Act of 2015
Introduced: November 5, 2015
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 5, 2015
Referred to the House Committee on Ways and Means.
Nov 5, 2015
Introduced in House
Plain-English summary
Veterans Homebuyer Accessibility Act of 2015
This bill amends the Internal Revenue Code, with respect to the tax credit for first-time homebuyers, to: (1) allow a veteran of the Armed Forces a tax credit for 10% of the purchase price of a principal residence purchased prior to January 1, 2018; (2) allow an additional credit for the cost, not exceeding $8,000 in a taxable year, of installing special fixtures or movable facilities in a residence to accommodate a disability of the veteran; and (3) require a recapture of credit amounts if the veteran sells such residence within 36 months after purchasing it.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1