- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedMarch 5th, 2009
- house Committees
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Real Help for Homebuyers Act of 2009
To amend the Internal Revenue Code of 1986 to extend and modify the homebuyer tax credit.
Real Help for Homebuyers Act of 2009 - Amends Internal Revenue Code provisions relating to the first-time homebuyer tax credit to: (1) extend such credit to principal residences purchased within one year after the enactment of this Act; (2) increase the amount of such credit to $15,000; (3) extend such credit to all individuals who purchase a principal residence (currently, only first-time homebuyers as so defined); and (4) require as a condition of eligibility for such credit a downpayment of not less than 5% of the purchase price of a principal residence.