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United States · Bill · HR

H.R. 5398 (111th)

Help Disaster Victims Buy a New Home Act of 2010

referredUnited States· United States Congress· EN

Introduced

25 May 2010

Last action

25 May 2010 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Paul, Ron [R-TX-22]

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

Help Disaster Victims Buy a New Home Act of 2010 - Amends the Internal Revenue Code to: (1) treat individual taxpayers who purchase a principal residence to replace a principal residence damaged or destroyed by a federally declared disaster as first-time homebuyers for purposes of the tax credit allowed to such homebuyers; (2) allow taxpayers who do not itemize their tax deductions a deduction from gross income for net casualty losses due to a federally declared disaster and permit a carryover of such losses for five years; and (3) exclude from gross income unemployment compensation paid to workers in a federally declared disaster area.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 May 2010

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 25 May 2010

    Introduced

    Sponsor introductory remarks on measure. (CR E935-936)

    Source: IntroReferral

  3. 25 May 2010

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 25 May 2010

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

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Sources

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