Laws & Taxes
Home Laws & Taxes
Schauer votes to extend unemployment insurance benefits, homebuyers’ tax credit
WASHINGTON, DC - November 5, 2009 - (RealEstateRama) -- Today Congressman Mark Schauer (D-MI) voted to stimulate the local economy and provide stability to Michigan 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 (HR 3548) will provide immediate assistance, extending relief to the 62,753 Michigan workers whose benefits would otherwise run out by the end of the year.
CARDIN LAUDS EXTENSION OF TAX CREDIT FOR FIRST-TIME HOMEBUYERS, NEW CREDIT FOR STEP-UP PURCHASES
Washington, DC - November 5, 2009 - (RealEstateRama) -- U.S. Senator Benjamin L. Cardin (D-MD), co-chair of the Senate Real Estate Caucus and one of the authors of the first-time homebuyers’ tax credit, today praised the Senate for its timely action to keep the $8,000 credit from expiring at the end of this month. In September, Senator Cardin led a group of Senators, including Johnny Isakson (R-GA), Harry Reid (D-NV), John Ensign (R-NV), and Debbie Stabenow (D-MI), introducing a bill to extend the first-time homebuyers’ tax credit
CARDIN LAUDS EXTENSION OF TAX CREDIT FOR FIRST-TIME HOMEBUYERS, NEW CREDIT FOR STEP-UP PURCHASES
Washington, DC - November 5, 2009 - (RealEstateRama) -- U.S. Senator Benjamin L. Cardin (D-MD), co-chair of the Senate Real Estate Caucus and one of the authors of the first-time homebuyers’ tax credit, today praised the Senate for its timely action to keep the $8,000 credit from expiring at the end of this month. In September, Senator Cardin led a group of Senators, including Johnny Isakson (R-GA), Harry Reid (D-NV), John Ensign (R-NV), and Debbie Stabenow (D-MI), introducing a bill to extend the first-time homebuyers’ tax credit
Hare Supports Extension of Unemployment, First-Time Homebuyer Tax Credit
November 5, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today voted for legislation that will extend both unemployment benefits and the first-time homebuyer tax credit. The bill now heads to the President’s desk. Hare has been a strong supporter of extending unemployment benefits during this recession. In September, Hare voted to extend these benefits for 13 additional weeks. After being amended by the Senate, today’s bill would extend benefits in Illinois by 20 weeks, where the unemployment rate is currently over 10 percent.
Hare Supports Extension of Unemployment, First-Time Homebuyer Tax Credit
November 5, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today voted for legislation that will extend both unemployment benefits and the first-time homebuyer tax credit. The bill now heads to the President’s desk. Hare has been a strong supporter of extending unemployment benefits during this recession. In September, Hare voted to extend these benefits for 13 additional weeks. After being amended by the Senate, today’s bill would extend benefits in Illinois by 20 weeks, where the unemployment rate is currently over 10 percent.
Klein Votes to Extend Homebuyer Tax Credits
Washington, DC - November 5, 2009 - (RealEstateRama) -- Congressman Ron Klein (FL-22) today joined a bipartisan majority of his colleagues to support legislation that will strengthen South Florida’s economy. The bill, the Unemployment Compensation Extension Act of 2009 (H.R. 3548) has two critical provisions for our community. First, it extends tax credits for first-time homebuyers in order to continue to provide a crucial jolt to the real estate market and the South Florida economy. In addition, the bill supports local businesses by allowing a five-year carry-back on net operating losses.
Bennet, Udall: Extending Unemployment Benefits and Homeowner Tax Credit Will Help Strengthen Colorado’s Economy
November 5, 2009 - (RealEstateRama) -- Following a push to ensure that the Senate's extension of unemployment benefits includes Coloradans, Michael Bennet and Mark Udall, U.S. Senators for Colorado, today announced Senate passage of the Worker, Homeownership, and Business Assistance Act of 2009. The legislation, which they cosponsored, would provide relief to jobless workers by extending unemployment insurance for the nearly 14,000 jobless Coloradans who will exhaust their benefits by year's end. It also extends the homebuyer tax credit and provides important tax relief for Colorado families and small businesses.
Bennet, Udall: Extending Unemployment Benefits and Homeowner Tax Credit Will Help Strengthen Colorado’s Economy
November 5, 2009 - (RealEstateRama) -- Following a push to ensure that the Senate's extension of unemployment benefits includes Coloradans, Michael Bennet and Mark Udall, U.S. Senators for Colorado, today announced Senate passage of the Worker, Homeownership, and Business Assistance Act of 2009. The legislation, which they cosponsored, would provide relief to jobless workers by extending unemployment insurance for the nearly 14,000 jobless Coloradans who will exhaust their benefits by year's end. It also extends the homebuyer tax credit and provides important tax relief for Colorado families and small businesses.
Contact: HELEN MACHADO 202 225-1766 Congress Passes Extension of...
Washington, DC - November 5, 2009 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard (CA-34) voted to stimulate the local economy and provide stability to families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses.
Reid Leads Passage Of Bill To Extend Unemployment Benefits, Homebuyer Tax Credit
Washington, D.C. - November 4, 2009 - (RealEstateRama) -- Led by Nevada Senator Harry Reid, the U.S. Senate today passed a bill that will extend unemployment benefits, the Homebuyer Tax Credit, and tax relief for struggling businesses.
Baucus Provisions Extend Tax Help to More Montanans
Washington, D.C. - November 4, 2009 - (RealEstateRama) -- Montana’s senior U.S. Senator Max Baucus today applauded the Senate for passing his bill to extend the $8,000 tax credit to more of Montana’s first time homebuyers.
THDA, Department of Revenue Receive Award for Community Investment Tax Credit
NASHVILLE, TN - November 4, 2009 - (RealEstateRama) -- The National Council of State Housing Agencies has recognized a partnership between the Tennessee Housing Development Agency (THDA) and the Tennessee Department of Revenue with an award for Tennessee’s Community Investment Tax Credit.
Consumer Alert: Don’t Let Foreclosure Rescue Schemes Sink You
Salt Lake City, UT - November 4, 2009 - (RealEstateRama) -- In tough financial times it seems plenty of companies are claiming they can save Utah homeowners from foreclosure.
Simpson Cosponsors Legislation to Provide Estate Tax Relief
Washington, DC - November 3, 2009 - (RealEstateRama) -- Idaho Congressman Mike Simpson is a cosponsor of H.R. 3095, the Estate Tax Relief Act of 2009. The legislation increases the estate tax exemption to $5 million per person and reduces the top rate to 35% in equal increments over ten years.
Brown Announces Support for Bill to Extend Unemployment Benefits and Expand Homebuyer Tax Credit
WASHINGTON, D.C. - November 2, 2009 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) announced his support for a bill that would provide for an extension of emergency benefits to unemployed workers and expand the homebuyer tax credit.
Cuomo Resolves Religious Discrimination Complaint Against Homeowners Association In Suffolk County
NEW YORK, NY - November 2, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo today announced that Stone Ridge Estates at Dix Hills Home Owners Association, which oversees seventy-six condominium units located in Dix Hills, New York, has entered into an agreement with his office to guarantee that its bylaws do not discriminate against residents because of their religion.
Prominent Business Valuator and RE Appraiser Joins MarcumRosenfarb
Melville, NY - November 2, 2009 - (RealEstateRama) -- MarcumRosenfarb LLC, part of the Marcum Group, announced that Raymond Ghelardi, ASA, joined the firm’s forensic and valuation services group as Director of Business Valuation. Ghelardi will focus on growing Marcum’s corporate valuations, intangible asset valuations and financial reporting services.
Attorney General Abbott Takes Legal Action Against Housing Scam That Targeted Austin-Area Hispanic Home...
AUSTIN, TX - October 28, 2009 - (RealEstateRama) -- Texas Attorney General Greg Abbott today charged Fern Hernandez Realty, Inc., with defrauding Hispanic home buyers. The state’s enforcement action names the corporation; its owner, real estate broker Jose Fernando “Fern” Hernandez and his wife, Odessa S. Hernandez.
Attorney General Abbott Takes Legal Action Against Housing Scam That Targeted Austin-Area Hispanic Home...
AUSTIN, TX - October 28, 2009 - (RealEstateRama) -- Texas Attorney General Greg Abbott today charged Fern Hernandez Realty, Inc., with defrauding Hispanic home buyers. The state’s enforcement action names the corporation; its owner, real estate broker Jose Fernando “Fern” Hernandez and his wife, Odessa S. Hernandez.
Gordon Calls for Homebuyer Tax Credit Extension
WASHINGTON, D.C. - October 31, 2009 - (RealEstateRama) -- U.S. Representative Bart Gordon is supporting efforts in Congress to extend a popular tax credit that has benefited thousands of new homeowners in Tennessee.
Gillibrand Takes Action To Crack Down On Fraudulent Use Of First-Time Homebuyer Tax Credit
Washington, DC - October 29, 2009 - (RealEstateRama) -- With new reports that hundreds of thousands are illegally taking advantage of a tax credit to help get first-time homebuyers into the housing market without actually purchasing a home, U.S. Senator Kirsten Gillibrand today co-sponsored legislation that would crack down on fraud and improve oversight of the first-time homebuyer tax credit.
French Lick Redevelopment Selected to Receive $50 Million in Allocation Authority under the New...
Washington, DC - October 30, 2009 - (RealEstateRama) -- Congressman Baron Hill is pleased to announce that French Lick Redevelopment CDE LCC has been selected to receive $50 million in allocation authority under the 2009 round of the New Markets Tax Credit (NMTC) Program administered by the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund.
Perriello Urges Extension of Homebuyer Tax Credit Past November 30 Deadline
Washington, D.C. - October 27, 2009 - (RealEstateRama) -- To further encourage home ownership and stabilize the housing market, Congressman Tom Perriello joined colleagues from both sides of the aisle in a letter to Speaker of the House Nancy Pelosi and House Minority Leader John Boehner urging them to extend the homebuyer tax credit that was originally included as part of the American Recovery and Reinvestment Act.
Congressman Eric Massa voices support for extending first-time home owners credit
WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- Today Rep. Eric Massa announced his support for extending the first-time homeowners tax credit of $8,000 for new homeowners.
Congressman Eric Massa voices support for extending first-time home owners credit
WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- Today Rep. Eric Massa announced his support for extending the first-time homeowners tax credit of $8,000 for new homeowners.
Lance Says Now Is Time To Extend Homebuyer Tax Credit
EDISON, NJ - October 26, 2009 - (RealEstateRama) -- Today, Congressman Leonard Lance (NJ-07) joined officials from the New Jersey Association of REALTORS® (NJAR®) in support of extending the popular home buyer tax credit through 2010 and expanding it to all New Jersey home buyers.
November 2 Deadline for Property Tax Relief Programs Approaching
TRENTON, NJ - October 26, 2009 - (RealEstateRama) -- New Jersey homeowners and tenants are reminded that the deadline for applying for two direct property tax relief programs is only days away, with applications for the 2008 Homestead Rebate and the 2008 Property Tax Reimbursement (Senior Freeze) programs due by November 2.
New-Home Construction Dips in September, CBIA Announces
SACRAMENTO, CA - October 26, 2009 - (RealEstateRama) -- New-home construction dipped again in September leading California homebuilders to strengthen the call for the Legislature to extend the successful homebuyer tax credit, the California Building Industry Association announced today
C.A.R. calls for extension of federal tax credit
C.A.R. calls for swift adoption of Dodd-Lieberman-Isakson amendment to extend home buyer tax credit. LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today called for the U.S. Senate to swiftly adopt the Dodd-Lieberman-Isakson amendment, which would extend and amplify the hugely successful first-time home buyer tax credit until June 30, 2010.
Boustany Urges Safeguards to Prevent Fraud in First Time Homebuyer Tax Credit
Opening Statement of Charles Boustany, Jr. (R-LA)
Ranking Member Subcommittee on Oversight
Hearing on Administration of the First-Time Homebuyer Tax Credit
