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- H.R.7325
H.R.7325: Economic Recovery Through Responsible Homeownership Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Dec. 10, 2008
- Latest Major Action Dec. 10, 2008
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Republicans)
Bill Summary
Economic Recovery Through Responsible Homeownership Act of 2008 - Amends the Internal Revenue Code to allow an individual taxpayer a refundable tax credit for the purchase in 2009 or 2010 of a residence located in the United States if the construction of such residence began before 2010 and the taxpayer makes a downpayment of at least 10% of the purchase price. Limits the amount of such credit to $5,000 ($10,000 if the downpayment is at least...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| Dec. 10, 2008 |
Introduced in the House by David Dreier (R-Calif.) |