Keep Our Homes Act of 2008

Summary

Keep Our Homes Act of 2008 - Amends the Internal Revenue Code to allow: (1) a tax deduction through 2012 for mortgage counseling costs; (2) a tax deduction through 2009 for amounts, up to $5,000, of mortgage indebtedness in excess of the assessed value of a principal residence; (3) a one-time tax credit for a percentage of the purchase price of a principal residence; (4) nonitemizing taxpayers a tax deduction in 2008 or 2009 for real property taxes; and (5) an exclusion from gross income for unemployment compensation received in 2008 or 2009.

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Timeline

1. 5 May 2008

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 5 May 2008

   Introduced

   Introduced in House

   Source: IntroReferral

3. 5 May 2008

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 5 May 2008 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 5 May 2008

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 5 May 2008

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 5 May 2008

  Open at official source

Sponsors

• Mario Diaz-Balart · R · Sponsor
• Rep. Davis, Danny K. [D-IL-7] · D · Sponsor
• Rep. Diaz-Balart, Lincoln [R-FL-21] · R · Sponsor
• Tim Murphy · R · Sponsor
• Rep. Paul, Ron [R-TX-22] · R · Sponsor
• ILEANA ROS-LEHTINEN · R · Sponsor
• Michael Turner · R · Sponsor
• · hswm00 · Standing

Related records

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