S. 1728 (111th): Service Members Home Ownership Tax Act of 2009

Introduced:
Sep 30, 2009 (111th Congress, 2009–2010)
Status:
Died (Referred to Committee)
Sponsor
Claire McCaskill
Senator from Missouri
Party
Democrat
Text
Read Text »
Last Updated
Sep 30, 2009
Length
6 pages
Related Bills
H.R. 3590 (Related)
Patient Protection and Affordable Care Act

Signed by the President
Mar 23, 2010

H.R. 3780 (Related)
Service Members’ Homebuyer Tax Credit Extension Act 2009

Referred to Committee
Last Action: Oct 08, 2009

 
Status

This bill was introduced on September 30, 2009, in a previous session of Congress, but was not enacted.

Progress
Introduced Sep 30, 2009
Referred to Committee Sep 30, 2009
 
Full Title

A bill to amend the Internal Revenue Code of 1986 to modify the first-time homebuyer credit in the case of members of the Armed Forces and certain other Federal employees, and for other purposes.

Summary

No summaries available.

Cosponsors
5 cosponsors (4D, 1R) (show)
Committees

Senate Finance

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

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

Widget

Get a bill status widget for your website »

Citation

Click a format for a citation suggestion:

Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


9/30/2009--Introduced.
Service Members Home Ownership Tax Act of 2009 - Amends the Internal Revenue Code to:
(1) exempt members of the uniformed services, the Foreign Service, and employees of the intelligence community on official extended duty service from the recapture requirements of the first-time homebuyer tax credit;
(2) extend the first-time homebuyer tax credit through November 30, 2010, for individuals serving on official extended duty service outside the United States for at least 90 days in 2009;
(3) exclude from gross income payments to military personnel to compensate for declines in housing values due to a base closure or realignment; and
(4) increase penalties for failure to file a partnership or S corporation tax return.
Amends the Corporate Estimated Tax Shift Act of 2009 to increase corporate estimated tax payments in the third quarter of 2014 by an additional 0.5%.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

Use the comment space below for discussion of the merits of S. 1728 (111th) with other GovTrack users.
Your comments are not read by Congressional staff.

comments powered by Disqus