Hill Votes to Extend Unemployment Benefits, Homebuyers’ Tax Credit and Business Tax Relief to Stimulate Local Economy

H.R. 3548 was passed by the House Thursday and signed into law by President Obama Friday. Washington, DC – November 10, 2009 – (RealEstateRama) — Late last week, Congressman Baron Hill voted to stimulate the local economy and provide stability to American families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses. The Emergency Unemployment Compensation Extension Act, H.R. 3548, will provide immediate assistance, extending relief to millions of workers, families, and businesses nationwide. The bill was passed by the House of Representatives on Thursday, November 5, 2009, and signed into law the next day by President Obama.