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H.R. 5670

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.
About This Bill
Committee
Latest Action · April 1, 2008
Referred to the House Committee on Ways and Means.
Congress
110th (2007–2009)
Introduced
April 1, 2008
Cosponsors (6)
1D 5R
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Summary

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Amends the Internal Revenue Code to allow individual taxpayers a one-time tax credit for up to $10,000 of the cost of a principal residence purchased in the United States within the 12-month period following enactment of this Act. Terminates such credit after 2009.

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