Category Archives: Recent Legislation
Can My Lender Do That?
What new credit card legislation means to you. With an incredulous tone, and seemingly out of the blue, the workshop participant does not even bother to raise her hand. “Can they really do that?” These are not ordinary times, and Trisha, our workshop participant, is merely vocalizing what everyone else was thinking—that it should be [...]
Support the earthquake relief effort in Haiti and receive a tax deduction for yourself
This bill, titled H.R.4462 to accelerate the income tax benefits for charitable cash contributions for the relief of victims of the earthquake in Haiti (gotta love the names of these things) is on the President’s desk, ready for his signature. There doesn’t seem to be any objection to it, so the President is likely to sign [...]
Extended Unemployment Benefits and Homebuyer Credit
President Obama signed a bill Friday extending unemployment benefits and the federal tax credit for first-time home buyers. It also creates a new tax credit for repeat buyers who purchase a new primary residence. Read the full article or view the bill.
Recently Passed: Financial Literacy Month for All Americans
4/29/2009 Passed House without amendment. (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Supports the goals and ideals of Financial Literacy Month, including raising public awareness about financial education. Recognizes the importance of managing personal finances, increasing personal savings, and reducing personal debt in the [...]
