HR 2801 · 111th Congress · Taxation
Home Ownership Moves the Economy (HOME) Act of 2009
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2009-06-10)
Plain Language Summary
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Home Ownership Moves the Economy (HOME) Act of 2009 - Amends the Internal Revenue Code to: (1) extend the first-time homebuyer tax credit to all individuals who purchase a principal residence (currently, only first-time homebuyers as so defined); (2) extend such credit and the waiver of recapture requirements for such credit through 2010; and (3) repeal the limitation on such credit based on modified adjusted gross income.…
Summarized by Claude AI · Non-partisan · For informational purposes only