Tax incentives for affected communities

(a) First-Time homebuyer credit (1) In general Section 36 of the Internal Revenue Code of 1986 is amended— (A) by inserting for nuclear affected communities after credit in the heading; (B) in subsection (a), by striking in the United States and inserting in a nuclear affected community (as such term is defined in section 3 of the Economic Recovery for Nuclear-Affected Communities Act); (C) in subsection (b), by striking paragraphs (2) and (3) and redesignating paragraph (4) as paragraph (2); and (D) by striking subsections (f), (g), and (h). (2) Clerical amendment The table of sections for subpart C of part IV of subchapter A of chapter 1 of such Code is amended by striking the item relating to section 36 and inserting the following new item: Sec. 36. First-time homebuyer credit for nuclear affected communities.. (b) Effective dates The amendments made by subsection (a) shall apply to the purchase of a principal residence after the date of the enactment of this Act.