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United States · Bill · S

S. 1598 (98th)

First Time Homebuyer Assistance Act of 1983

openUnited States· United States Congress· EN

Introduced

12 July 1983

Last action

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Status

Committee on Finance. Hearings held. Hearings printed: S.Hrg. 98-680.

Sponsors

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Subjects

Discovery layer

Source updated

29 August 2025

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Summary

First Time Homebuyer Assistance Act of 1983 - Amends the Internal Revenue Code to allow an income tax credit to first time homebuyers for interest on home mortgages in specified circumstances where State or local governments elect to participate in a mortgage credit program rather than issue mortgage subsidy bonds. Sets forth requirements for a State or local government to participate in such a mortgage credit program.

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Documents

1 official file

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Sources

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