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2009 SESSION
SB 1446 Income tax, state; homebuyer tax credit.
Introduced by: A. Donald McEachin | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; homebuyer tax credit; emergency. Provides an income tax credit equal to $1,250 for single taxpayers and $2,500 for married taxpayers filing jointly for taxable years beginning January 1, 2009, and ending January 1, 2010, who purchase a home for the first time during that period for use as their principal residence. The taxpayer must repay the credit over a 10-year period which begins the first year when no credit remains to be taken. The bill has an emergency clause.
FULL TEXT
- 01/19/09 Senate: Presented and ordered printed with emergency clause 091936273 pdf | impact statement
HISTORY
- 01/19/09 Senate: Presented and ordered printed with emergency clause 091936273
- 01/19/09 Senate: Referred to Committee on Finance
- 02/11/09 Senate: Left in Finance