S.1394 - Mortgage Cancellation Relief Act of 2007

A bill to amend the Internal Revenue Code of 1986, to exclude from gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations. view all titles (2)

All Bill Titles

  • Short: Mortgage Cancellation Relief Act of 2007 as introduced.
  • Official: A bill to amend the Internal Revenue Code of 1986, to exclude from gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
05/14/07
 
 
 
 
 
 
 

Official Summary

5/15/2007--Introduced.
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.




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