S.Amdt. 4334

SA 4334. Mr. ISAKSON (for himself, Mr. Dodd, and Mr. Reid) submitted
an amendment intended to be proposed to amendment SA 4301 proposed by
Mr. Baucus to the bill H.R. 4213, to amend the Internal Revenue Code of
1986 to extend certain expiring provisions, and for other purposes;
which was ordered to lie on the table; as follows:

At the end of part I of subtitle B of title II, insert the
following:

SEC. --. FIRST-TIME HOMEBUYER CREDIT.

(a) In General.--Paragraph (2) of section 36(h) is amended
by striking ``paragraph (1) shall be applied by substituting
`July 1, 2010' '' and inserting ``and who purchases such
residence before October 1, 2010, paragraph (1) shall be
applied by substituting `October 1, 2010' ''.
(b) Conforming Amendment.--Subparagraph (B) of section
36(h)(3) is amended by inserting ``and for `October 1, 2010'
'' after ``for `July 1, 2010' ''.
(c) Effective Date.--The amendments made by this section
shall apply to residences purchased after June 30, 2010.
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