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Home » Senate Eyes Compromise Extension of Homebuyer Tax Credit as Market Recovery Hangs in Balance
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Senate Eyes Compromise Extension of Homebuyer Tax Credit as Market Recovery Hangs in Balance

October 29, 2009
The leadership of the Senate was working to schedule a vote this week on compromise legislation that would extend the first-time homebuyer tax credit at a slightly diminished level until the end of April, with an additional 60-day extension if a binding contract is in place by that date. Leading up to the vote, industry groups had been throwing their lobbying muscle behind S.1230, the Home Buyer Tax...
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