GovTrack’s Bill Summary
We don’t have a summary available yet.
S. 2250 (112th): Mortgage Forgiveness Tax Relief Act
- Introduced:
- Mar 29, 2012 (112th Congress, 2011–2013)
- Sponsor:
- Sen. Debbie Stabenow [D-MI]
- Status:
- Died (Referred to Committee)
The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.
- Full Title
A bill to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt.
- Summary
-
No summaries available.
- Text
-
Last updated Mar 29, 2012.
2 pages
- Primary Source
-
View on THOMAS (The Library of Congress)
GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here.
- Citation
-
Click a format for a citation suggestion:
Library of Congress Summary
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
3/29/2012--Introduced.
Mortgage Foregiveness Tax Relief Act - Amends the Internal Revenue Code to extend through 2014 the exclusion from gross income of income attributable to the discharge of indebtedness on a principal residence.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.