3.0.0 1119 2023-01-11T13:15:55Z 2023-01-11T13:15:55Z House H HR 2009-02-23 111 hswm00 Ways and Means Committee House Standing Referred to 2009-02-23T19:57:49Z 111 253 S 2009-01-15 Read twice and referred to the Committee on Finance. Related bill CRS 2009-02-23 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2009-02-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-02-23 Introduced in House IntroReferral 1000 9 Library of Congress D000599 Rep. Davis, Lincoln [D-TN-4] Lincoln Davis D TN 4 N Taxation Housing finance and home ownership Income tax credits Taxation

00 2009-02-23 Introduced in House 2009-03-14T16:45:51Z Amends the Internal Revenue Code to revise the tax credit for first-time homebuyers by: (1) eliminating the first-time homebuyer requirement (thus making such credit available to all homebuyers); (2) eliminating the repayment requirement for such credit except for resales of a principal residence, or failure to occupy such residence, at any time within 36 months of purchase; (3) exempting from the repayment requirement members of the Armed Forces who are ordered to relocate; (4) modifying the maximum amount of such credit and the adjusted gross income thresholds for reductions in the credit amount; and (5) allowing taxpayers to transfer their anticipated credit amount to another individual for specified purposes, including making a downpayment on a portion of a purchase price of a principal residence.

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Display Title Official Title as Introduced Introduced in House IH Introduced in House 2009-02-23T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr1119ih/xml/BILLS-111hr1119ih.xml 2009-02-23 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.