80°
Baton Rouge, Louisiana
3 Day Outlook
Thu
87°
67°
10%
Fri
86°
56°
20%
Sat
75°
50°
40%

Latest Weather Blog

Follow our weather team on social media

Lawmakers approve tax incentive plan for home buyers

4 years ago Wednesday, June 16, 2010 12:45:48 PM CDT June 16, 2010 Wednesday, June 16 2010 Jun 16, 2010 in News

The Senate has given the green light to a plan, giving home buyers an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring.

The move would give buyers until September 30 to complete their purchases and qualify for tax credits of up to $8,000.

The proposal would only allow people who already have signed contracts to finish at the later date.

About 180,000 home buyers who already signed purchase agreements would otherwise miss the deadline.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
Partly Cloudy
83°
66°
Thu
Partly Cloudy
87°
67°
Fri
Mostly Sunny
86°
56°
Sat
AM Showers
75°
50°
Sun
PM Showers
77°
64°