S2442 — Establishes the first-time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.

S2442 — Establishes the first-time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income. · Informed CitizenryS2442 establishes a new First-Time Home Buyer Savings Program designed to help residents purchase their first home. The core benefit of this act is that it provides significant tax advantages for t…Open in Informed Citizenry