H.R. 5565 (110th): To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.

Introduced:
Mar 10, 2008 (110th Congress, 2007–2009)
Sponsor:
Rep. Joe Wilson [R-SC2]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 214 (111th) on Jan 06, 2009.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on March 10, 2008, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 10, 2008
Cosponsors
2 cosponsors (2R) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Summary

No summaries available.

Text

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Last updated Mar 10, 2008.
6 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

3/10/2008--Introduced.
Amends the Internal Revenue Code to allow purchasers of a single-family principal residence a one-time tax credit for up to $15,000 of the purchase price. Requires such a residence to be purchased after February 29, 2008, and before March 1, 2009, and that it be: (1) a new previously unoccupied residence for which a building permit has been issued and construction began on or before September 1, 2007; (2) an owner-occupied residence with a mortgage indebtedness in default on or before March 1, 2008; or (3) in foreclosure and owned by the mortgagor or the mortgagor's agent.

House Republican Conference Summary

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House Democratic Caucus Summary

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