S.608: Mortgage Forgiveness Tax Relief Act

About This Bill

Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 27, 2015
Read twice and referred to the Committee on Finance.
Feb. 27, 2015

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

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