H.R. 3506 - Foreclosure Tax Relief Act of 2007
Taxation. 110th Congress (2007-2008) View bill details
- Sponsor:
- Zachary Space
- Summary:
- To amend the Internal Revenue Code of 1986 to exclude from gross income certain amounts of cancellation of indebtedness income on account of a foreclosure on the mortgage secured by the principal residence of the taxpayer. (by CRS)
- Status:
- The bill has been introduced.
There have been no votes on this bill.
Foreclosure Tax Relief Act of 2007
H.R. 3506 — 110th Congress (2007–2008)
- Summary
- To amend the Internal Revenue Code of 1986 to exclude from gross income certain amounts of cancellation of indebtedness income on account of a foreclosure on the mortgage secured by the principal residence of the taxpayer. (by CRS)
- Learn More
- At OpenCongress
- Title
- To amend the Internal Revenue Code of 1986 to exclude from gross income certain amounts of cancellation of indebtedness income on account of a foreclosure on the mortgage secured by the principal residence of the taxpayer.
- Other Titles
- Foreclosure Tax Relief Act of 2007
- Sponsor
- Zachary Space
- Co-Sponsors
- Subjects
- Taxation
- Housing
- Housing finance
- Income tax
- Mortgages
- Tax exclusion
- Related Bills
- Major Actions
Introduced 9/07/2007 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 9/07/2007 9/07/2007 Referred to the House Committee on Ways and Means. Number Sponsor Date Offered Status
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Includes reported contributions to congressional campaigns of House members in office during the 110th U.S. Congress, from interest groups invested in the vote according to MapLight, January 1, 2007 – December 31, 2008.
Contributions data source: OpenSecrets.org
Contributions data source: OpenSecrets.org
