Replied from FTB
Thank you for visiting the FTB website.
AB 183 does establish a 14 day deadline to receive your application in Section 17059.1.c.1.A and also Section 17059.1.h. The 14 day deadline was an increase from the deadline for the 2009 New Home Credit which was 7 days. As for spreading information about the program there were articles in newspapers and television reports from beginning of March 2010. While all these would get the word out about the program it is the buyer responsibility to find out all the details of the program when they apply for it. The most important place we could put the 14 day deadline would be on the instructions for the application. The deadline is stated on the instructions for the application in several sections to make it clear as you fill out the application. The link you provided was just a published article not the actual bill, I have attached a copy of the bill for you to review.
Please visit our website again if we can assist you further.
Â From: Tran, Lich D
Sent: Tuesday, January 25, 2011 6:53 AM
Subject: RE: Homebuyer Tax credit unfair practice.
It was my error to complaint the FTB. I am very sorry.
Still, AB 183 is unfair and unethical assembly bill. It should be amended. I have filed my complaint to Attorney General, Governor, California Congress and also put the complaint to Internet, blogs, facebooks, twitter â€¦. as much as I can. I also asked Senator and Assembly man in my district.
This unfair unethical law may contain â€œReserving New Home Credit to benefit one specific group secretly.â€ It really is a wrong way to create a hostile environment for our society. How can we account for the fairness of a first-come, first-served basis?
Why did not reduce the amount so more people have access to the tax credit.? Why not $2000 for each?
Why was not based on Closing account Date for the first 10,000 application?
Why there was a too shot time of only two weeks? Not three months? Buying/selling a house is not the same as a car.
Thank you very much for your great service, it is not FTB false. It is the congress wrong doing.
Also I will use you your email to complaint my realtor and loan officers to BBB, FTC, and State Board because they email to encourage me to buy a house for $10,000 tax credit. And I relied on their message. But they failed to notify me the 14 days limit.