H. R. 3780
IN THE HOUSE OF REPRESENTATIVES
October 8, 2009
Mr. Maffei introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to extend the first-time homebuyer tax credit for members of the Armed Forces and certain Federal employees serving on extended duty.
This Act may be cited as the
Service Members’ Homebuyer Tax Credit
Extension Act 2009.
Extension of first-time homebuyer credit for individuals on qualified official extended duty
Subsection (h) of section 36 of the Internal Revenue Code of 1986 is amended—
This section and inserting the following:
by adding at the end the following new paragraph:
Special rule for qualified extended duty
In the case of an individual who serves on qualified official extended duty outside the United States for at least 180 days in calendar year 2009—
shall be applied by substituting
December 1, 2010 for
December 1, 2009,
of subsection (f)(4) shall be applied by substituting
December 1, 2009, and
in the case of a purchase of a principal residence after December 31, 2009, and before December 1, 2010, the taxpayer may elect to treat such purchase as made on December 31, 2009, for purposes of this section (other than subsections (c) and (f)(4)(D)).
Qualified official extended duty
For purposes of subparagraph (A), the term
qualified official extended duty means qualified official
extended duty (as defined in section 121(d))—
as a member of the uniformed services,
as a member of the Foreign Service of the United States, or
as an employee of the intelligence community.
Paragraph (4) of section 1400C(e) of such Code is
amended by striking
December 1, 2009 and inserting
December 31, 2009.
The amendments made by this section shall apply to purchases made after November 30, 2009.