Grassley Introduces Extension of Housing Tax Relief for Midwestern Disaster Victims
WASHINGTON, DC - November 23, 2009 - (RealEstateRama) -- Sen. Chuck Grassley of Iowa has introduced legislation giving Midwestern disaster victims more time to benefit from tax relief intended to help them repair or replace their devastated homes.News || Laws & Taxes
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- Disaster tax relief available to qualified real property owners
LĪHU‘E - November 20, 2009 - (RealEstateRama) -- Property owners who sustained damages to their real property as a result of the recent flood disaster may be eligible for disaster tax relief. Claims can be made on damages that resulted directly from flood waters overflowing the banks or walls of a nearby river or stream...
- Grassley: Rushed Stimulus Package Leaves Taxpayers Facing Problems With Making Work Pay Tax Credit
November 16, 2009 - (RealEstateRama) -- Sen. Chuck Grassley, ranking member of the Committee on Finance, today made the following comment on a new report saying that a $400 tax credit provided by the economic stimulus plan may leave more than 15.4 million Americans owing money to the IRS because of under-withholding from their paychecks. The Treasury Inspector General for...
- House Committee’s Tax Legislation Includes Holt’s Property Tax Relief Provision
Provision Would Benefit Property Owners in New Jersey Who Do Not Itemize on Federal Returns Washington, D.C., November 1, 2007 – Today, Rep. Rush Holt (NJ-12) announced that the “Temporary Tax Relief Act of 2007”, a tax relief bill passed in the House Committee on Ways and Means this morning, includes a provision based on his legislation [...]...
- Iowa Delegation Urges Disaster Relief Reform
Washington, DC - October 15, 2009 - (RealEstateRama) -- Members of the Iowa Delegation urge disaster relief reform in a joint letter to Chairman John Olver of the Appropriations Subcommittee on Transportation, Housing and Urban Development (THUD). The letter supports an amendment that will allow disaster stricken communities greater access and use of Community Development Block Grant (CDBG) disaster relief...
- Iowa Delegation Urges Disaster Relief Reform
Washington, DC - October 15, 2009 - (RealEstateRama) -- Members of the Iowa Delegation urge disaster relief reform in a joint letter to Chairman John Olver of the Appropriations Subcommittee on Transportation, Housing and Urban Development (THUD). The letter supports an amendment that will allow disaster stricken communities greater access and use of Community Development Block Grant (CDBG) disaster relief...
- REALTORS® Establish Relief Fund: Tornado Victims Will Be Among First to Receive Assistance
Wisconsin, January 8, 2008 - REALTORS® in Kenosha, Racine and Walworth counties have established a relief fund to aid victims of the storm system that produced destructive tornados yesterday, destroying and damaging many homes in southeastern Wisconsin. ...
- Senate Passes Housing Relief Package, Includes Several Cornyn-Backed Amendments To Boost Housing Benefits For Veterans, Provide Tax Relief To New Homeowners
WASHINGTON - April 10, 2008 - U.S. Sen. John Cornyn, R-Texas, today voted in favor of a broad housing relief package, the Foreclosure Prevention Act of 2008, H.R. 3221, to restore confidence in the U.S. housing market and help to remedy the current foreclosure crisis. The legislation includes several amendments authored or co-authored by Sen. [...]...
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Articles Category: Laws & Taxes
- Loebsack Fights to Fix Unfair Loophole in Homebuyer Tax Credit
Washington, DC - March 10, 2010 - (RealEstateRama) -- Congressman Loebsack sent a letter today to Speaker of the House Nancy Pelosi urging her to bring legislation to the floor that will ensure Iowans are not barred from tax credits due to requirements that penalize married couples. The issue was brought to his attention after a married couple in Iowa found that they were ineligible for the expanded First-Time Homebuyer Tax Credit due a loophole that requires both spouses to meet the same criteria
- Treasurer Zweifel and Attorney General Koster announce $303,000 settlement with Sprint Award impacts 3,640 people
JEFFERSON CITY, MO - March 4, 2010 - (RealEstateRama) — State Treasurer Clint Zweifel (ZWY-ful) and Attorney General Chris Koster announced today they had reached a $303,000 settlement in a lawsuit against Sprint over uncashed and unclaimed rebate checks. Treasurer Zweifel said his office had already added more than 3,600 Missourians affected by the lawsuit to ShowMeMoney.com. Thirty-six states signed on to the $22 million settlement. As a result, thousands of people will be able to claim their rebate checks and put money back in their pockets.
- MARCH 1, 2010: MARKEY LEADS CHARGE FOR HOME HEATING ASSISTANCE FUNDING
WASHINGTON, D.C. - March 1, 2010 - (RealEstateRama) --Representative Edward J. Markey (D-Mass.), a longtime champion of providing assistance to low-income families to heat their homes, today began an effort to request full funding for this critical program for the next fiscal year. Markey joined with other key lawmakers to circulate a letter to all 435 House Members seeking signatures on a joint letter to the Labor, Health and Human Services and Education Appropriations Subcommittee, urging that at least $5.1 billion be provided to support the Low-Income Home Energy Assistance Program (LIHEAP) program in 2011, as well as nearly $600 million in additional emergency funds for 2011.“
- Murt Legislation Would Provide Property Tax Relief for Disabled Veterans
Harrisburg, PA - March 1, 2010 - (RealEstateRama) -- In an effort to provide property tax relief to Pennsylvania’s disabled veterans, Rep. Thomas P. Murt (R-Montgomery/Philadelphia) is joining with Rep. Doug Reichley (R-Lehigh/Berks) to introduce a pair of bills designed to help disabled veterans.
- Virginia Businessman Pleads Guilty in $2.3 Million Mortgage and Investment Scheme
RICHMOND, VA - February 24, 2010 - (RealEstateRama) -- Robert S. Capehart, 55, of Richmond, Va., pled guilty to committing a $2.3 million mail fraud on banks and investors over a six year period.
- Manhattan U.S. Attorney Charges Three Defendants in Multi-Million-Dollar Mortgage Fraud Scheme
New York, NY- February 24, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, JOSEPH M. DEMAREST JR., the Assistant Director-in-Charge of the New York Field Division of the Federal Bureau of Investigation ("FBI"),
- Judge Sentences Pittsburgh Man to Five Years of Probation with Home Detention for Participating in Mortgage Fraud Scheme
Pittsburgh, PA - February 16, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, February 16, 2010, that Jason Jester, a resident of Pittsburgh, Pennsylvania, has been sentenced in federal court in Pittsburgh to five years of probation, including four months of home detention, on his conviction of wire fraud conspiracy in connection with a mortgage fraud scheme.