From National Assoc. of REALTORS®
Senate leaders of both parties and key Senate Finance Committee members and
staff, and tax credit sponsors Dodd-Lieberman-Isakson have agreed on
extending and expanding the housing tax credit.
However, there is no agreement on how to attach this tax credit to the
pending Unemployment Insurance bill, or whether to offer the tax credit
agreement on another bill, or whether to bring the agreement to the Senate
floor and vote upon it as a separate, stand alone bill.
And after Senate action, the tax credit must go to the House of
Representatives for action.
