S.1394: Mortgage Cancellation Relief Act of 2007

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about taxation
  • Introduced May 15, 2007
  • Latest Major Action May 15, 2007

Bill Summary

Mortgage Cancellation Relief Act of 2007 - Amends the Internal Revenue Code to exclude from gross income amounts attributable to the discharge of certain residential mortgage obligations.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
May 15, 2007

Introduced in the Senate by Debbie Stabenow (D-Mich.)

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