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H.R. 3648: | Mortgage Forgiveness Debt Relief Act of 2007 | 110th Congress 2007-2008 |
To amend the Internal Revenue Code of 1986 to exclude discharges of indebtedness on principal residences from gross income, and for other purposes. OverviewSponsor: | | Text: | Summary
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Full Text | Status: |  | Introduced | Sep 25, 2007 | | Referred to Committee | View Committee Assignments | | Reported by Committee | Sep 26, 2007 | | Amendments (2 proposed) | View Amendments | | Passed House | Oct 4, 2007 | | Passed Senate | Dec 14, 2007 | | Signed by President | Dec 20, 2007 |
| Last Action: | Dec 20, 2007:
Became Public Law No: 110-142. | Related: | See the Related Legislation page for other bills related to this one and a list of subject terms
that have been applied to this bill.
Sometimes the text of one bill or resolution is incorporated into another, and in those cases the original bill or resolution, as it would appear here, would seem to be abandoned. | Votes: | Oct 4, 2007:
This bill passed in the House of Representatives by roll call vote.
The totals were 386 Ayes, 27 Nays, 19 Present/Not Voting.
Vote Details.
Dec 14, 2007:
This bill passed in the Senate by Unanimous Consent.
A record of each
senator’s position was not kept. |
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Question & Answer 
Can you answer any of these questions posed by other users? Think of it as a civic good deed.
See 23 more questions posed on this topic or submit your own question on the Q&A page.
Dec 28, 2009 2:10 PM - Has the Mortgage Forgiveness Debt Relief Act been extended? -
Answer it!Jan 14, 2010 2:03 PM - If a debtor buys another property and uses that property as his "principal residence", is the deficiency resulting from a short sale of his vacated property taxable to the debtor? The debtor purchased the second home in another state as part of a move related to a job transfer. -
Answer it! |
Sources of InfluenceMAPLight.org reports that the following organizations
have taken a stance on this bill: | Support | Oppose |
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American Homeowners Foundation Financial Services Roundtable National Association of Realtors Mortgage Bankers Association National Association of Home Builders |
(none)
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Follow the link to MAPLight.org to see if campaign contributions from employees of these organizations are correlated with how Members of Congress voted on this bill. Because the U.S. Congress posts most legislative information online one legislative day after events occur, GovTrack is usually one legislative day behind. For more information about where this data comes from, see
About GovTrack.us. H.R. 3648--110th Congress: Mortgage Forgiveness Debt Relief Act of 2007.
(2007).
In GovTrack.us (database of federal legislation).
Retrieved Feb 10, 2010, from
http://www.govtrack.us/congress/bill.xpd?bill=h110-3648
"H.R. 3648--110th Congress: Mortgage Forgiveness Debt Relief Act of 2007."
GovTrack.us (database of federal legislation).
2007.
Feb 10, 2010
<http://www.govtrack.us/congress/bill.xpd?bill=h110-3648>
{{cite web
|url=http://www.govtrack.us/congress/bill.xpd?bill=h110-3648
|title=H.R. 3648
|accessdate=Feb 10, 2010
|author=110th Congress (2007)
|date=Sep 25, 2007
|work=Legislation
|publisher=GovTrack.us
|quote=Mortgage Forgiveness Debt Relief Act of 2007
}} | | | |
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