H.R. 6627 (112th): Veterans Homebuyer Accessibility Act of 2012

Introduced:
Dec 03, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. James “Jim” Langevin [D-RI2]
Status:
Died (Referred to Committee)

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 December 3, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Dec 03, 2012
Referred to Committee Dec 03, 2012
Cosponsors
none
Committees

House Ways and Means

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

Full Title

To amend the Internal Revenue Code of 1986 to allow a credit for veteran first-time homebuyers and for adaptive housing and mobility improvements for disabled veterans, and for other purposes.

Summary

No summaries available.

Text

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Last updated Dec 03, 2012.
12 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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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.

12/3/2012--Introduced.
Veterans Homebuyer Accessibility Act of 2012 - Amends the Internal Revenue Code, with respect to the tax credit for first-time homebuyers, to allow veterans of the Armed Forces a tax credit for 10% of the purchase price of a principal residence purchased prior to January 1, 2017.
Allows an additional credit for the cost of installing special fixtures or movable facilities in a residence to accommodate a disability of the veteran.
Requires a recapture of credit amounts if the veterans sells such residence within 36 months after purchasing it.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)

Other Citations

  • 38 U.S.C. Chapter 21