S-122 : Still Just a Bill

Mortgage Debt Tax Relief Act

This bill amends the Internal Revenue Code to extend through 2018 the exclusion from gross income of income attributable to the discharge of indebtedness on a principal residence.

Action Timeline

Action DateTypeTextSource
2017-01-12IntroReferralRead twice and referred to the Committee on Finance.Senate
2017-01-12IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Taxation
See Subjects
  • Housing finance and home ownership
  • Income tax exclusion

Related Bills

See Related Bills