A bill to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt.
USA115th CongressS-122| Senate
| Updated: 1/12/2017
Dean Heller
Republican Senator
Nevada
Cosponsors (7)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Housing finance and home ownershipIncome tax exclusion
A bill to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt.
USA115th CongressS-122| Senate
| Updated: 1/12/2017
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Dean Heller
Republican Senator
Nevada
Cosponsors (7)
Finance Committee
Taxation
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Housing finance and home ownershipIncome tax exclusion