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S. 608

Mortgage Forgiveness Tax Relief Act

Mortgage Forgiveness Tax Relief Act

Amends the Internal Revenue Code, as amended by the Tax Increase Prevention Act of 2014, to extend the exclusion from gross income of income attributable to the discharge of indebtedness on a principal residence that was discharged subject to an arrangement entered into and evidenced in writing before January 1, 2017.

Read twice and referred to the Committee on Finance.

Sen. Stabenow, Debbie [D-MI](D-MI)Sponsor
12 cosponsors9 D2 R1 I
12cosponsors1committees2actions1related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Mortgage Forgiveness Tax Relief Act — Informed