[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3780 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 3780

  To amend the Internal Revenue Code of 1986 to extend the first-time 
   homebuyer tax credit for members of the Armed Forces and certain 
              Federal employees serving on extended duty.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 8, 2009

  Mr. Maffei introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to extend the first-time 
   homebuyer tax credit for members of the Armed Forces and certain 
              Federal employees serving on extended duty.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Service Members' Homebuyer Tax 
Credit Extension Act 2009''.

SEC. 2. EXTENSION OF FIRST-TIME HOMEBUYER CREDIT FOR INDIVIDUALS ON 
              QUALIFIED OFFICIAL EXTENDED DUTY.

    (a) In General.--Subsection (h) of section 36 of the Internal 
Revenue Code of 1986 is amended--
            (1) by striking ``This section'' and inserting the 
        following:
            ``(1) In general.--This section'', and
            (2) by adding at the end the following new paragraph:
            ``(2) Special rule for qualified extended duty.--
                    ``(A) In general.--In the case of an individual who 
                serves on qualified official extended duty outside the 
                United States for at least 180 days in calendar year 
                2009--
                            ``(i) paragraph (1) shall be applied by 
                        substituting `December 1, 2010' for `December 
                        1, 2009',
                            ``(ii) subparagraph (D) of subsection 
                        (f)(4) shall be applied by substituting 
                        `December 1, 2010' for `December 1, 2009', and
                            ``(iii) in the case of a purchase of a 
                        principal residence after December 31, 2009, 
                        and before December 1, 2010, the taxpayer may 
                        elect to treat such purchase as made on 
                        December 31, 2009, for purposes of this section 
                        (other than subsections (c) and (f)(4)(D)).
                    ``(B) Qualified official extended duty.--For 
                purposes of subparagraph (A), the term `qualified 
                official extended duty' means qualified official 
                extended duty (as defined in section 121(d))--
                            ``(i) as a member of the uniformed 
                        services,
                            ``(ii) as a member of the Foreign Service 
                        of the United States, or
                            ``(iii) as an employee of the intelligence 
                        community.
                Any term used in the preceding sentence which is also 
                used in paragraph (9) of section 121(d) shall have the 
                same meaning as when used in such paragraph.''.
    (b) Conforming Amendment.--Paragraph (4) of section 1400C(e) of 
such Code is amended by striking ``December 1, 2009'' and inserting 
``December 31, 2009''.
    (c) Effective Date.--The amendments made by this section shall 
apply to purchases made after November 30, 2009.
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