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2009 SESSION
SB 906 Income tax, state; homebuyer tax credit.
Introduced by: Walter A. Stosch | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Income tax; homebuyer tax credit. Provides an income tax credit equal to $2,500 for single taxpayers and $5,000 for married taxpayers filing jointly for taxable years beginning on or after January 1, 2009, but before January 1, 2011, who purchase a principal residence during that period. Any tax credit claimed would be recaptured if the taxpayer disposes of the principal residence within two years after purchase. The bill is contingent on supplemental appropriations that may be used for such a credit being included in a federal stimulus package adopted by March 27, 2009.
FULL TEXT
- 01/05/09 Senate: Prefiled and ordered printed; offered 01/14/09 092831332 pdf | impact statement
- 02/04/09 Senate: Committee substitute printed 092914212-S1 pdf
- 02/06/09 Senate: Printed as engrossed 092914212-ES1 pdf | impact statement
AMENDMENTS
HISTORY
- 01/05/09 Senate: Prefiled and ordered printed; offered 01/14/09 092831332
- 01/05/09 Senate: Referred to Committee on Finance
- 02/04/09 Senate: Reported from Finance with substitute (15-Y 1-N)
- 02/04/09 Senate: Committee substitute printed 092914212-S1
- 02/05/09 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/06/09 Senate: Read second time
- 02/06/09 Senate: Reading of substitute waived
- 02/06/09 Senate: Committee substitute agreed to 092914212-S1
- 02/06/09 Senate: Reading of amendment waived
- 02/06/09 Senate: Amendment by Senator Stosch agreed to
- 02/06/09 Senate: Engrossed by Senate - committee substitute with amendment SB906ES1
- 02/06/09 Senate: Printed as engrossed 092914212-ES1
- 02/09/09 Senate: Read third time and passed Senate (38-Y 2-N)
- 02/11/09 House: Placed on Calendar
- 02/11/09 House: Read first time
- 02/11/09 House: Referred to Committee on Finance
- 02/28/09 House: Left in Finance