Summary: S.1678 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for S.1678. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (09/16/2009)

Amends Internal Revenue Code provisions relating to the first-time homebuyer tax credit to: (1) extend such tax credit through May 31, 2010; (2) extend through December 31, 2009, the date until which purchases of a principal residence may be treated as made on December 31, 2008, for tax purposes; and (3) extend through May 31, 2010, the waiver of recapture requirements for residences purchased after December 31, 2008.