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Whose are join the push for homebuyer Tax credit extension?”

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Whose are join the push for homebuyer Tax credit extension?”

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Sens Harry Reid (D-NV) and Max Baucus (D-MT) introduced legislation to extend the purchase closing date for the first-time homebuyer tax credit. The Senators’ push to extend the closing deadline joins efforts by the House of Representatives, who voted 409 to 5 in favor of its own version of the bill yesterday. It is expected the Senate could pass its bill today in time for a Presidential signature. The Senate and House bills extend the date new homebuyers already under contract must close by in order to qualify for the tax credit. The previous deadline of July 1 would be extended through September 30. “[W]e’re trying to extend the closing deadline for homebuyers in Nevada and across the country who have already qualified for the first-time homebuyer tax credit and need some extra time to close on their new home and experience the American Dream of homeownership,” Reid said in a statement. “These common-sense solutions to help millions of Americans deserve bipartisan support and should

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Sens Harry Reid (D-NV) and Max Baucus (D-MT) introduced legislation to extend the purchase closing date for the first-time homebuyer tax credit. The Senators’ push to extend the closing deadline joins efforts by the House of Representatives, who voted 409 to 5 in favor of its own version of the bill yesterday. It is expected the Senate could pass its bill today in time for a Presidential signature. The Senate and House bills extend the date new homebuyers already under contract must close by in order to qualify for the tax credit. The previous deadline of July 1 would be extended through September 30. “[W]e’re trying to extend the closing deadline for homebuyers in Nevada and across the country who have already qualified for the first-time homebuyer tax credit and need some extra time to close on their new home and experience the American Dream of homeownership,” Reid said in a statement.

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