Home Purchase Tax Rebate Amendments

[AI summary unavailable — showing source text] Home Purchase Tax Rebate Amendments - Provides that the lowest offering price requirement for eligibility by the purchaser for the 5 percent (up to $2,000) tax rebate for purchase of a new principal residence under the Internal Revenue Code be limited to offers after December 31, 1974. Sets time limits during which regulations for such eligibility must be propounded.…