Tag: tax credit
McCarthy Supports Tax Credit for Small Businesses that Support Our Troops
Washington, D.C. - November 16, 2009 - (RealEstateRama) -- Congressman Kevin McCarthy joined House colleagues in cosponsoring bipartisan legislation, the Small Business and Military Family Assistance Act (H.R. 4042), that would extend a tax credit for small businesses that pay differential wages to their employees who are Armed Forces servicemembers and have been called up to active duty.
Hill Votes to Extend Unemployment Benefits, Homebuyers’ Tax Credit and Business Tax Relief to...
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.
House Passes Extension of Home Buyer Tax Credit
Legislation similar to bill introduced by Kratovil to help jump start the economy and put more people in homes. November 9, 2009 - (RealEstateRama) -- The House of Representatives passed and today President Obama signed into law legislation that will extend the $8,000 homebuyer tax credit past the November 30th deadline to first-time homebuyers with a binding contract before April 30, 2010.
Worker, Homeownership and Business Assistance Act of 2009 Goes to President to Get Signed...
Washington, DC - November 9, 2009 - (RealEstateRama) -- On Thursday, the House of Representatives overwhelmingly passed HR 3548, the Worker, Homeownership, and Business Assistance Act of 2009 by a vote of 403 to 12. This bill provides critical aid to families in Southeast Michigan and across the country in the form of extended unemployment benefits, tax relief to businesses, and an extension and expansion of the homebuyers’ tax credit.
Carson Votes to Extend Unemployment Insurance Benefits, Homebuyes’ Tax Credit, Tax Relief for Businesses
Washington, D.C. - November 9, 2009 - (RealEstateRama) -- On Thursday, Congressman André Carson joined his House colleagues in voting to extend unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses
Illinois Third Quarter Home Sales a Bright Spot in 2009 Statewide Median Price at...
SPRINGFIELD, IL - November 9, 2009 - (RealEstateRama) -- The first-time buyer tax credit built third-quarter momentum as home sales marked the first positive year-over-year increase in more than three years while price declines moderated but continued to be influenced by entry-level and distressed sales, according to the Illinois Association of REALTORS® (IAR). Statewide home sales (which include single-family and condominiums) totaled 32,460, up 0.3 percent from 32,358 home sales in the third quarter of 2008. The third quarter median home sale price was $165,000, down 12.9 percent from $189,500 in the third quarter of 2008. The median is a typical market price where half the homes sold for more, half sold for less.
Rep. Scott Votes to Extend Unemployment Benefits, Homebuyers’ Tax Credit
Washington, DC - November 9, 2009 - (RealEstateRama) -- Congressman David Scott voted to stimulate the local economy and provide stability to Georgia families hit hardest by the recession by extending unemployment benefits, the homebuyers' tax credit, and tax relief for military families. The Emergency Unemployment Compensation Extension Act will provide immediate assistance to millions of families.
Florida Realtors Applaud the Extension, Expansion of Homebuyer Tax Credit
ORLANDO, FL - November 9, 2009 - (RealEstateRama) -- Potential homebuyers have even more incentive to purchase a Florida home, according to Florida Realtors, thanks to the extension and expansion of the federal $8,000 first-time homebuyer tax credit.
House Votes to Extend the First-Time Homebuyer Tax Credit
Washington, DC - November 9, 2009 - (RealEstateRama) -- This week, the House voted on legislation to extend the $8,000 first-time homebuyer tax credit through April 30, 2010, which is currently set to expire December 1, 2009. The bill also expands eligibility of the credit, raising the income eligibility cap on individuals to $125,000 and $225,000 for married couples, up from $75,000 and $150,000 respectively, and homes sold for more than $800,000 are ineligible.
U.S. Congressman Al Green praises passage of extension of unemployment benefits and tax credit...
Washington (DC) - November 5, 2009 - (RealEstateRama) -- Today the U.S. House of Representatives passed the Senate amendments to HR 3548, the Unemployment Compensation Extension Act by a vote of 403 to 12.
House Passes Bill Extending Unemployment Benefits, Homebuyer Tax Credit
WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Thursday, the U.S. House of Representatives passed H.R. 3548, the Worker, Homeownership and Business Assistance Act of 2009, to provide up to 14 additional weeks of unemployment for jobless workers, with an extra six weeks for those in high unemployment states such as Michigan who have or soon will run out of benefits. The bill, which passed the U.S. Senate on Wednesday, will now go to the president to be signed into law.
Rep. Melancon Votes to Extend Unemployment Benefits, Homebuyers’ Tax Credit
Supports Bill After Fighting to Include Louisiana’s Unemployed Workers. WASHINGTON, D.C. - November 6, 2009 - (RealEstateRama) -- U.S. Congressman Charlie Melancon (LA-03) voted today to help Louisiana families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses. The Worker, Homeownership and Business Assistance Act of 2009 (H.R. 3548) passed the House today by a strong bipartisan vote of 403 to 12 and will now go to the President for his signature.
Chandler Supports Extension of Homebuyer Tax Credit
WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Congressman Chandler voted in favor of extending and expanding the first-time homebuyer tax credit for an additional year, creating a new tax credit for current homeowners, and providing an additional extension for military families to purchase homes
Chandler Supports Extension of Homebuyer Tax Credit
WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Congressman Chandler voted in favor of extending and expanding the first-time homebuyer tax credit for an additional year, creating a new tax credit for current homeowners, and providing an additional extension for military families to purchase homes
Boswell Votes to Extend Unemployment Insurance Benefits, Homebuyers’ Tax Credit, Business Tax Relief
Washington, DC - November 6, 2009 - (RealEstateRama) -- Congressman Leonard Boswell voted to pass the Emergency Unemployment Compensation Extension Act to extend unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses in a vote of 403 to 12.
Rep. Foster Votes to Extend and Expand Homebuyer Tax Credit, Extend Unemployment Benefits
Washington, DC - November 6, 2009 - (RealEstateRama) -- Rep. Bill Foster (IL-14) voted in favor of the Emergency Unemployment Compensation Extension Act, H.R. 3548, to provide aid to those hurt by the economic recession and to continue his efforts to stimulate the economy. The bill passed by a bipartisan vote of 403-12, and now goes to the President for his signature
Rep. Halvorson Votes to Extend Homebuyer Tax Credit, Unemployment Insurance
November 6, 2009 - (RealEstateRama) -- Working to help those hardest hit by the struggling economy, and provide greater opportunities to realize the American dream, Rep. Debbie Halvorson (IL-11) today voted to pass the bipartisan Emergency Unemployment Compensation Extension Act."All across our district our friends and neighbors are in danger of losing their unemployment benefits, and our economy is struggling to recover, this bill is a big step in turning that around," said Halvorson. "By extending these benefits we are helping our communities today so they can be stronger and more prosperous tomorrow.
Simpson Supports Extension of Homebuyer Tax Credit
Washington, DC - November 6, 2009 - (RealEstateRama) -- The U.S. House of Representatives today overwhelmingly passed legislation extending the First-Time Homebuyer Tax Credit Provision through April 30, 2010. The bill also creates a new tax credit for move-up buyers who have lived in their current residence for at least five years. The expanded tax credit was included as part of H.R. 3548, legislation that provides an extension of federal unemployment insurance benefits.
Meek Votes to Extend Critical Unemployment Benefits and First-Time Homebuyer Tax Credit
WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- U.S. Congressman Kendrick B. Meek today voted in favor of H.R. 3548, the Worker, Homeownership, and Business Assistance Act of 2009 to extend critical unemployment benefits for unemployed workers, expand and improve the homebuyer tax credit, and provide tax relief for military families and businesses. The legislation passed by an overwhelmingly bipartisan vote of 402-12.
Represenative Votes To Extend Unemployment Insurance, First-Time Home Buyer Tax Credit and Provide Tax...
Washington, DC - November 6, 2009 - (RealEstateRama) -- Congressman Joe Courtney announced that he has voted in favor of H.R. 3548, the Unemployment Compensation Extension Act, which extends an additional 14 weeks of unemployment assistance to all states, including Connecticut, and extends the homebuyer tax credit for first-time buyers and military families. The legislation also provides relief to businesses by extending a five year net operating loss carryback to 2009. The bill passed 403-12.
PERLMUTTER VOTES TO EXTEND HOMEBUYERS’ TAX CREDIT, UNEMPLOYMENT INSURANCE BENEFITS, BUSINESS TAX RELIEF TO...
Washington, DC - November 6, 2009 - (RealEstateRama) -- U.S. Rep. Ed Perlmutter (CO-07) voted to stimulate the local economy and provide stability to American families hit hardest by the recession by extending the homebuyer’s tax credit, unemployment benefits, and tax relief for military families and businesses. The Emergency Unemployment Compensation Extension Act will provide immediate assistance, extending relief to millions of workers, families, and businesses nationwide.
STARK LAUDS EXTENSION OF UNEMPLOYMENT BENEFITS
WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Rep. Pete Stark (D-CA) today praised House passage of Unemployment Insurance Benefits for an additional 20 weeks for workers in California. The Unemployment Compensation Extension Act, H.R. 3548, passed by a bipartisan 403 to 12 vote.
Rep. Watson Votes to Extend Unemployment Insurance Insurance Benefits, Homebuyers’ Tax Credit, Business Tax...
Washington, DC - November 6, 2009 - (RealEstateRama) -- Rep. Watson 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 will provide immediate assistance, extending relief to millions of workers, families, and businesses nationwide.
Home buyers win big with federal tax credit extension
LOS ANGELES, DC - November 6, 2009 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today commended Congress and the Senate for its swift actions in extending and expanding the provisions of the Federal Tax Credit for First-time Home Buyers. The U.S. House of Representatives earlier today voted 403 to 12 for passage, as did the U.S. Senate late yesterday. The legislation now goes to President Obama for signature.
Mitchell Applauds Final Passage of Bill Extending and Expanding Homebuyer Tax Credit
Legislation to Extend, Expand Homebuyer Tax Credit Headed to President's Desk
WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- The House voted overwhelmingly today for a measure backed by U.S. Rep. Harry Mitchell to extend the homebuyer tax credit beyond its current November 30 expiration date and broaden eligibility for the tax break. The measure passed the House with a bipartisan vote of 403-12 after passing the Senate 98-0. It now moves to the White House for the President's signature, which is expected this week.
COCHRAN SUPPORTS UNEMPLOYMENT BENEFITS EXTENSIO
WASHINGTON, D.C. - November 5, 2009 - (RealEstateRama) -- U.S. Senator Thad Cochran (R-Miss.) today voted for Senate passage of legislation that will allow the state of Mississippi to offer an additional 20 weeks of unemployment benefits to jobless workers.
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.
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.
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.
