Income tax, state; homebuyer tax credit. (HB1808)
Introduced By
Del. Chris Peace (R-Mechanicsville) with support from co-patron Sen. Jennifer McClellan (D-Richmond)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
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. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/09/2009 | Committee |
01/09/2009 | Prefiled and ordered printed; offered 01/14/09 099802676 |
01/09/2009 | Referred to Committee on Finance |
01/16/2009 | Assigned Finance sub: 3 |
01/16/2009 | Impact statement from TAX (HB1808) |
02/10/2009 | Left in Finance |