H.R. 5239 · 111th Congress
Homeowner Tax Assistance Act
- Stage
- In committee
- Sponsor
- Leonard Boswell
- Introduced
- 2010-05-06
- Latest action
- 2010-05-06 · Introduced in House
Summary
Homeowner Tax Assistance Act - Amends the Internal Revenue Code to: (1) increase by 25% the allowable tax deduction for mortgage interest on a principal residence until 2014; and (2) waive the requirement to repay credit amounts under the first-time homebuyer tax credit for residences purchased on or after April 9, 2008.