US SB1230 | 2009-2010 | 111th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 14-2-1)
Status: Introduced on June 9 2009 - 25% progression, died in chamber
Action: 2009-06-10 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 9 2009 - 25% progression, died in chamber
Action: 2009-06-10 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Home Buyer Tax Credit Act of 2009 - Amends the Internal Revenue Code to replace the current tax credit for first-time homebuyers with a one-time credit for 10% of the purchase price of a principal residence, up to $15,000. Requires repayment of credit amounts if the taxpayer sells or fails to occupy the residence within 24 months after the date of purchase.
Title
Home Buyer Tax Credit Act of 2009
Sponsors
| Sen. Lamar Alexander [R-TN] | Sen. Jim Bunning [R-KY] | Sen. Richard Burr [R-NC] | Sen. Saxby Chambliss [R-GA] |
| Sen. Thad Cochran [R-MS] | Sen. Bob Corker [R-TN] | Sen. Christopher Dodd [D-CT] | Sen. John Ensign [R-NV] |
| Sen. Michael Enzi [R-WY] | Sen. Johnny Isakson [R-GA] | Sen. Mike Johanns [R-NE] | Sen. Joseph Lieberman [I-CT] |
| Sen. Mel Martinez [R-FL] | Sen. Lisa Murkowski [R-AK] | Sen. Patty Murray [D-WA] | Sen. James Risch [R-ID] |
| Sen. David Vitter [R-LA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-06-10 | Read twice and referred to the Committee on Finance. | |
| 2009-06-09 | Sponsor introductory remarks on measure. (CR S6355-6356) |
Same As/Similar To
HB1245 (Related) 2009-03-02 - Referred to the House Committee on Ways and Means.
HB3760 (Related) 2009-10-08 - Referred to House Appropriations
HB3825 (Related) 2009-10-15 - Referred to the House Committee on Ways and Means.
HB3760 (Related) 2009-10-08 - Referred to House Appropriations
HB3825 (Related) 2009-10-15 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/1230/all-info |
| Text | https://www.congress.gov/111/bills/s1230/BILLS-111s1230is.pdf |
