United States · Bill · HR
H.R. 7325 (110th)
Economic Recovery Through Responsible Homeownership Act of 2008
Introduced
10 December 2008
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Economic Recovery Through Responsible Homeownership Act of 2008 - Amends the Internal Revenue Code to allow an individual taxpayer a refundable tax credit for the purchase in 2009 or 2010 of a residence located in the United States if the construction of such residence began before 2010 and the taxpayer makes a downpayment of at least 10% of the purchase price. Limits the amount of such credit to $5,000 ($10,000 if the downpayment is at least 15% of the purchase price).
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 10 December 2008
Introduced in House (PDF)
Introduced in House · EN · 10 December 2008
Introduced in House
summary · EN · 10 December 2008
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/110th-congress/house-bill/7325
- Open data entity: https://api.congress.gov/v3/bill/110/hr/7325