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United States · Bill · HR

H.R. 5974 (110th)

To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.

referredUnited States· United States Congress· EN

Introduced

6 May 2008

Last action

6 May 2008 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Terry, Lee [R-NE-2], Rep. Sessions, Pete [R-TX-17], Rep. Cantor, Eric [R-VA-7], Rep. Fossella, Vito [R-NY-13], Rep. Wilson, Joe [R-SC-2], Sen. Capito, Shelley Moore [R-WV], Rep. Marchant, Kenny [R-TX-24], Sen. Blunt, Roy [R-MO], Rep. Cole, Tom [R-OK-4], Rep. Hastings, Doc [R-WA-4], Rep. Drake, Thelma D. [R-VA-2], Rep. Bonner, Jo [R-AL-1], Rep. Frelinghuysen, Rodney P. [R-NJ-11], Rep. Lungren, Daniel E. [R-CA-3], Rep. Musgrave, Marilyn N. [R-CO-4], Rep. Dent, Charles W. [R-PA-15], Rep. Culberson, John Abney [R-TX-7], Rep. Gerlach, Jim [R-PA-6], Rep. Kline, John [R-MN-2], Rep. Walberg, Tim [R-MI-5], Rep. Tiahrt, Todd [R-KS-4], Rep. Sali, Bill [R-ID-1]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Summary

Amends the Internal Revenue Code to allow individual taxpayers a one-time refundable tax credit for up to 10% of the purchase price of a principal residence purchased in the United States within the 12-month period beginning on the date of enactment of this Act. Limits the dollar amount of such credit to $10,000. Terminates such credit after 2009.

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

Timeline

  1. 6 May 2008

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 6 May 2008

    Introduced

    Sponsor introductory remarks on measure. (CR E830)

    Source: IntroReferral

  3. 6 May 2008

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 6 May 2008

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 6 May 2008

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 6 May 2008

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 6 May 2008

    Open at official source

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Sponsors

Related records

Sources

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