Homeowners Debt Relief Extension Act of 2014
Latest action · Jan 13, 2014 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 13, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Homeowners Debt Relief Extension Act of 2014 - Amends the Internal Revenue Code to: (1) extend through 2015 the exclusion from gross income of imputed income from the discharge of indebtedness with respect to a principal residence; and (2) exclude from the definition of "domestic production gross receipts" for purposes of the tax deduction for income attributable to domestic production activities, gross receipts of a major integrated oil company (i.e., a company which has an average daily worldwide production of crude oil of at least 500,000 barrels for the taxable year and gross receipts in excess of $1 billion for its last taxable year ending during 2005) from the production, transportation, or distribution of oil, natural gas, or any primary product thereof.
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Jan 31, 2014 to Jun 26, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-OH | Marcy Kaptur | Jan 31, 2014 | |
| D-MA | Niki Tsongas | Jan 31, 2014 | |
| D-DE | John C. Carney, Jr. | Jun 26, 2014 |
Actions 2
Everything that happened, newest first.
- Jan 13, 2014Introduced in House
- Jan 13, 2014Referred to the House Committee on Ways and Means.
Related bills 4
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1187 | Mortgage Forgiveness Tax Relief Act | Related bill | Jun 19, 2013 |
| HR 2788 | Mortgage Forgiveness Tax Relief Act | Related bill | Jul 23, 2013 |
| HR 2994 | Mortgage Forgiveness Tax Relief Act of 2013 | Related bill | Aug 2, 2013 |
| HR 5785 | To amend the Internal Revenue Code of 1986 to make permanent the exclusion from gross income of discharges of qualified principal residence indebtedness. | Related bill | Dec 3, 2014 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jan 13, 2014Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.