H.R. 3825 · 111th Congress

Helping Homebuyers Act of 2009

Stage
In committee
Introduced
2009-10-15
Latest action
2009-10-15 · Introduced in House

Summary

Helping Homebuyers Act of 2009 - Amends the Internal Revenue Code to allow individual taxpayers a one-time tax credit for 15% of the purchase price of a principal residence, up to $18,000. Requires repayment of such credit if the taxpayer sells the residence, or fails to occupy the residence as a principal residence, at any time within 60 months after the date of purchase.