S. 2402: First-Time Homebuyer Tax Credit Act of 2025

S. 2402 is a federal bill in the 119th Congress. First-time homebuyers who have not owned a home in the past three years can receive a tax credit equal to 10 percent of their home purchase price, up to a maximum of 15000 dollars. Previously, no such permanent broad credit existed under current law.… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.