Mortgage Debt Tax Forgiveness Act of 2017
Latest action · Jan 3, 2017 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 3, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Mortgage Debt Tax Forgiveness Act of 2017
This bill amends the Internal Revenue Code to make permanent the exclusion from gross income of income attributable to the discharge of qualified principal residence indebtedness.
Cosponsors 12
Members who signed on, in the order they did. Signatures ran from May 18, 2017 to Jun 7, 2018.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NC | Walter B. Jones | May 18, 2017 | |
| D-MD | C. A. Dutch Ruppersberger | Jun 12, 2017 | |
| D-NY | Grace Meng | Dec 20, 2017 | |
| D-MN | Betty McCollum | May 17, 2018 | |
| D-HI | Colleen Hanabusa | May 17, 2018 | |
| D-CA | Grace F. Napolitano | May 17, 2018 | |
| D-NY | Paul Tonko | May 17, 2018 | |
| D-CA | Salud O. Carbajal | May 24, 2018 | |
| R-AL | Mo Brooks | Jun 1, 2018 | |
| D-FL | Alcee L. Hastings | Jun 5, 2018 | |
| D-NH | Ann M. Kuster | Jun 5, 2018 | |
| D-NV | Dina Titus | Jun 7, 2018 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Jan 3, 2017 |
Actions 2
Everything that happened, newest first.
- Jan 3, 2017Introduced in House
- Jan 3, 2017Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 163, no. 1, January 3, 2017, page H49.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R45073 | Economic Growth, Regulatory Relief, and Consumer Protection Act (P.L. 115-174) and Selected Policy Issues Archived | Report | Jun 6, 2018 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2256 | Tax Extender Act of 2017 | Related bill | Dec 20, 2017 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to make permanent the exclusion from gross income of discharge of qualified principal residence indebtedness.
- Short Titles as Introduced
- Mortgage Debt Tax Forgiveness Act of 2017
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jan 3, 2017Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
