I 111th CONGRESS 2d Session H. R. 4760 IN THE HOUSE OF REPRESENTATIVES March 4, 2010 Mr. Sam Johnson of Texas 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 require individuals to provide their Social Security number in order to claim the first-time homebuyer tax credit.

1.

Short title

This Act may be cited as the First-Time Homebuyer Tax Credit Eligibility Verification Act of 2010.

2.

Social security number required for first-time homebuyer tax credit

(a)

In general

Subsection (d) of section 36 of the Internal Revenue Code of 1986 is amended— (1)by redesignating paragraphs (1), (2), (3), and (4) as subparagraphs (A), (B), (C), and (D), respectively, (2)by moving such subparagraphs 2 ems to the right, (3)by striking No credit and inserting the following: (1)

In general

No credit , and (4)by striking or at the end of subparagraph (C), by striking the period at the end of paragraph (D) and inserting , or, and by adding at the end the following: (E)the taxpayer does not include the taxpayer’s social security number on the return of tax for such taxable year. (2)

Joint returns

In the case of a joint return, the requirement of subparagraph (E) shall be treated as met if the social security number of either spouse is included on such return. (3)

Omission treated as mathematical or clerical error

Any failure to meet the requirement of subparagraph (E) shall be treated as a mathematical or clerical error and assessed according to section 6213(b)(1). . (b)

Effective date

The amendments made by this section shall apply to residences purchased after the date of the enactment of this Act.