HR 525 · 111th Congress · Taxation
To amend the Internal Revenue Code of 1986 to repeal the recapture rule of the first-time homebuyer credit and to extend the application of the credit through 2009.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2009-01-14)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to eliminate the 15-year repayment requirement under the first-time homebuyer tax credit and to extend the termination date of such credit until December 31, 2009.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
3 Republicans