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- H.R.6373
H.R.6373: Responsible Investment for Home Ownership Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced June 25, 2008
- Latest Major Action June 25, 2008
Bill Sponsor
Bill Cosponsors
5 (All Republicans)
Bill Summary
Responsible Investment for Home Ownership Act of 2008 - Amends the Internal Revenue Code to: (1) establish tax-exempt Home Ownership Mortgage Expense Accounts; (2) allow a tax deduction for contributions to such accounts; (3) allow tax-free distributions from such accounts for the financing or remodeling of a principal residence; and (4) set forth rules for such accounts relating to prohibited transactions, rollover contributions, and account...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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June 25, 2008 |
Introduced in the House by Thaddeus McCotter (R-Mich.) |