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SENATE 122115th CongressRead twice and referred to the Committee on Finance.

Mortgage Debt Tax Relief Act

Last Action
1/12/2017

Actions

  • 2017-01-12Read twice and referred to the Committee on Finance.
  • 2017-01-12Introduced in Senate

CRS Summary

As of 2017-01-12 (00)

Mortgage Debt Tax Relief Act

This bill amends the Internal Revenue Code to extend through 2018 the exclusion from gross income of income attributable to the discharge of indebtedness on a principal residence.

Cosponsors (7)

  • Debbie Stabenow (D-MI)
  • Johnny Isakson (R-GA)
  • Robert Menendez (D-NJ)
  • Kirsten Gillibrand (D-NY)
  • Sherrod Brown (D-OH)
  • Bernard Sanders (I-VT)
  • Jeff Merkley (D-OR)

Subjects

  • Housing finance and home ownership
  • Income tax exclusion
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.