US SB740 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 30 2009 - 25% progression, died in chamber
Action: 2009-03-30 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4065)
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 30 2009 - 25% progression, died in chamber
Action: 2009-03-30 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4065)
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to: (1) extend the first-time homebuyer tax credit to all purchasers of a principal residence; (2) increase the maximum amount of such credit from $8,000 to $15,000; and (3) repeal the reduction in such credit for taxpayers whose modified adjusted gross income exceeds $75,000 ($150,000 in the case of married couples filing jointly).
Title
A bill to amend the Internal Revenue Code of 1986 to expand the homebuyer tax credit, and for other purposes.
Sponsors
| Sen. Arlen Specter [D-PA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-03-30 | Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4065) | |
| 2009-03-30 | Sponsor introductory remarks on measure. (CR S3994) |
Same As/Similar To
SB253 (Related) 2009-01-15 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/740/all-info |
| Text | https://www.congress.gov/111/bills/s740/BILLS-111s740is.pdf |
