Summary: H.R.2801 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.2801. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/10/2009)

Home Ownership Moves the Economy (HOME) Act of 2009 - Amends the Internal Revenue Code to: (1) extend the first-time homebuyer tax credit to all individuals who purchase a principal residence (currently, only first-time homebuyers as so defined); (2) extend such credit and the waiver of recapture requirements for such credit through 2010; and (3) repeal the limitation on such credit based on modified adjusted gross income.