1. Home
  2. Bills
  3. H.R. 3640

H.R. 3640 · 111th Congress · 2009–2010

To amend the Internal Revenue Code of 1986 to extend and expand the first-time homebuyers credit and to provide a loss deduction on the sale of a principal residence.

H.R. 3640 in the 111th Congress (2009–2010) was introduced on Sep 24, 2009, sponsored by Travis Childers with 3 co-sponsors.

During the 111th Congress (2009–2010), Barack Obama was president, and Democrats held majorities in both the House and Senate.

Status
Introduced
Introduced
Sep 24, 2009
Co-sponsors
3
Policy area
Taxation

What it does

Amends the Internal Revenue Code relating to the first-time homebuyer tax credit to: (1) extend such credit to all purchasers of a principal residence; (2) limit the credit to one sale or exchange of a principal residence; and (3) extend such credit through November 30, 2010. Allows individual taxpayers a tax deduction through 2010 for losses from the sale or exchange of a principal residence.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Travis Childers (D-MS). Co-sponsors: 3 Democrats.

Where it stands

  • IntroducedSep 24, 2009
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the House Committee on Ways and Means. (Sep 24, 2009)

More bills from Travis Childers in the 111th Congress

Other Taxation bills in the 111th Congress

Committees

More

From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 3640 (111th Congress): To amend the Internal Revenue Code of…,” https://www.capitolreceipts.com/bill/111-hr-3640/to-amend-the-internal-revenue-code-of-1986-to (accessed 2026-10-17).

Open the interactive version ›