Homebuyer Tax Credit Fairness Act of 2009
Latest action · Oct 8, 2009 Referred to House Appropriations
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedOct 8, 2009
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Homebuyer Tax Credit Fairness Act of 2009 - Amends Internal Revenue Code provisions relating to the first-time homebuyer tax credit to: (1) extend such credit to all purchasers of a principal residence (currently, limited to first-time purchasers); (2) increase the maximum amount of such credit to $15,000; (3) repeal the income-based phaseout of such credit; (4) waive recapture provisions of such credit for members of the uniformed services and the Foreign Service of the United States and for employees of the intelligence community on official extended duty service; and (5) extend such credit through November 30, 2010.
Rescinds all unobligated balances of the discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009.
Cosponsors 1
Members who signed on, in the order they did. All signed on Nov 5, 2009.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IL | Judy Biggert | Nov 5, 2009 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Oct 8, 2009 |
| House | Appropriations Committee | Referred Oct 8, 2009 |
Actions 4
Everything that happened, newest first.
- Oct 8, 2009Introduced in House
- Oct 8, 2009Referred to House Ways and Means
- Oct 8, 2009Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Oct 8, 2009Referred to House Appropriations
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to extend and expand the homebuyer tax credit.
- Short Titles as Introduced
- Homebuyer Tax Credit Fairness Act of 2009
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Appropriations
- Diplomacy, foreign officials, Americans abroad
- Government employee pay, benefits, personnel management
- Housing finance and home ownership
- Income tax credits
- Intelligence activities, surveillance, classified information
- Military personnel and dependents
- Tax administration and collection, taxpayers
- Taxation
Text 1
Each version as it was printed, newest first.
- Oct 8, 2009Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
