S. 1394 - Mortgage Cancellation Relief Act of 2007
Taxation. 110th Congress (2007-2008) View bill details
- Sponsor:
- Debbie Ann Stabenow
- Summary:
- A bill to amend the Internal Revenue Code of 1986, to exclude from gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations. (by CRS)
- Status:
- The bill has been introduced.
There have been no votes on this bill.
Mortgage Cancellation Relief Act of 2007
S. 1394 — 110th Congress (2007–2008)
- Summary
- A bill to amend the Internal Revenue Code of 1986, to exclude from gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations. (by CRS)
- Learn More
- At OpenCongress
- Title
- A bill to amend the Internal Revenue Code of 1986, to exclude from gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations.
- Other Titles
- Mortgage Cancellation Relief Act of 2007
- Sponsor
- Debbie Ann Stabenow
- Co-Sponsors
- Subjects
- Taxation
- Debtor and creditor
- Finance
- Housing
- Income tax
- Mortgages
- Tax exclusion
- Related Bills
- Major Actions
Introduced 5/15/2007 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 5/15/2007 5/15/2007 Read twice and referred to the Committee on Finance. 5/15/2007 Sponsor introductory remarks on measure. (CR S6131) Number Sponsor Date Offered Status
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Includes reported contributions to congressional campaigns of Senators in office during the 110th U.S. Congress, from interest groups invested in the vote according to MapLight, January 1, 2003 – December 31, 2008.
Contributions data source: OpenSecrets.org
Contributions data source: OpenSecrets.org
