Schwarzenegger

Homebuyer tax credit signed into law (Video)

by jasonimprota March 30, 2010 Calabasas Blog

Gov. Arnold Schwarzenegger signed a new bill this week that would extend the $10,000 homebuyer tax credit to Californians.

The state legislature on March 22 passed assembly bill (AB) 183, which gives the Franchise Tax Board authority to extend $200m in tax credits to homebuyers in the Golden State. Buyers of new, unoccupied …

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Governor Schwarzenegger Signs $10,000 Homebuyer Tax Credit Legislation

by jasonimprota March 26, 2010 Calabasas Blog

Recently, Gov. Schwarzenegger signed Assembly Bill 183, the Homebuyer Tax Credit legislation, into law.

AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes. The eligible taxpayer who purchases a qualified personal residence …

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