Income tax, state; homebuyer tax credit. (SB1441)

Introduced By

Sen. Don McEachin (D-Richmond)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

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 bill has an emergency clause. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/19/2009Presented and ordered printed with emergency clause 091937273
01/19/2009Referred to Committee on Finance
01/25/2009Impact statement from TAX (SB1441)
02/04/2009Incorporated by Finance (SB906-Stosch) (16-Y 0-N) (see vote tally)