H.R.1629: Helping Americans Keep Their Homes Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced March 19, 2009
  • Latest Major Action March 19, 2009

Bill Cosponsors

2 (All Republicans)

Bill Summary

Helping Americans Keep Their Homes Act of 2009 - Amends the Internal Revenue Code to: (1) increase from $10,000 to $15,000 the limit on penalty-free distributions from tax-exempt retirement plans for the purchase of a principal residence by a first-time homebuyer; (2) suspend the first-time homebuyer requirement for such distributions that are made before January 1, 2011; and (3) exempt loans from individual retirement accounts (IRAs) used to...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
March 19, 2009

Introduced in the House by Thaddeus McCotter (R-Mich.)

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