Hello and happy Tuesday!
AB 183 was passed by the legislature on March 22, 2010 and gives the Franchise Tax Board (FTB) authority to extend a total of $200 million in tax credits to California home buyers; $100 million for buyers of new, unoccupied homes and another $100 million for first-time buyers of existing homes. It was just extended. The credit is from May 1, 2010 to December 31, 2010.
You can find the details here:
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