tax extenders: TAX CREDIT EXTENSION... NOT WRITTEN IN STONE YET
- 06/17/10 08:50 AM
The Tax Credit Extension has not been enacted yet. However, progress is being made. The Senate passed an amendment to the "tax extenders" legislation that includes the extension of the June 30th deadline for tax credit closings to September 30th. So the amendment is now in the bill. The Senate must still pass that bill and the House must also pass it and sent it to the President before the extension will take effect. The chance for an extension is good but is not a done deal.
FOR ACCURATE INFORMATION ON REAL ESTATE... CONTACT YOUR LOCAL AGENT
The Tax Credit Extension has not been enacted yet. However, progress is being made. The Senate passed an amendment to the "tax extenders" legislation that includes the extension of the June 30th deadline for tax credit closings to September 30th. So the amendment is now in the bill. The Senate must still pass that bill and the House must also pass it and sent it to the President before the extension will take effect. The chance for an extension is good but is not a done deal. 
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