S. 608 · 114th Congress

Mortgage Forgiveness Tax Relief Act

Stage
In committee
Introduced
2015-02-27
Latest action
2015-02-27 · Introduced in Senate

Summary

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.