Senate approves extension to qualify for homebuyer tax credit

[babylonsister]

Senate approves extension to qualify for homebuyer tax credit
By Jay Heflin - 06/16/10 03:16 PM ET


The proposal pushes the closing deadline back to Sept. 30, 2010, from the previous June 30 deadline.

By a 60-37 vote, the Senate on Wednesday approved a measure extending the closing deadline for qualifying for the homebuyer tax credit.

The proposal is expected to be added to a slimmed-down tax extenders bill that Senate Democratic leaders are expected to unveil Wednesday.

To qualify for the credit, homebuyers have until June 30 to close on the purchase. The proposal pushes the closing deadline back to Sept. 30, 2010.

Senate Majority Leader Harry Reid (D-Nev.), Senate Banking Chairman Chris Dodd (D-Conn.) and Sen. Johnny Isakson (R-Ga.) authored the proposal.

The senator from Georgia tried but failed to offset the amendment's cost with unspent stimulus dollars. His proposal failed by a 45-52 vote.

more...

http://thehill.com/blogs/on-the-money/domestic-taxes/103603-senate-approves-extension-to-homebuyer-tax-credit

[Donnachaidh]

1. But the unemployed can go f*ck themselves...

November, November....

[CreekDog]

2. I was gonna say

:wtf:

[laughingliberal]

3. +1000 nt