Summary: H.R.3825 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.3825. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (10/15/2009)

Helping Homebuyers Act of 2009 - Amends the Internal Revenue Code to allow individual taxpayers a one-time tax credit for 15% of the purchase price of a principal residence, up to $18,000. Requires repayment of such credit if the taxpayer sells the residence, or fails to occupy the residence as a principal residence, at any time within 60 months after the date of purchase.