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- S.1230
S.1230: Home Buyer Tax Credit Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced June 10, 2009
- Latest Major Action June 10, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
16 (2 Democrats, 1 Independent Democrat, 14 Republicans)
Bill 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.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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June 10, 2009 |
Introduced in the Senate by Johnny Isakson (R-Ga.) |