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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Mortgage Cancellation Relief Act of 1999

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

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.


Actions Overview (1)

Date Actions Overview
05/05/1999Introduced in House

All Actions (3)

Date All Actions
05/05/1999Referred to the House Committee on Ways and Means.
Action By: House of Representatives
05/05/1999Sponsor introductory remarks on measure. (CR E874-875)
Action By: House of Representatives
05/05/1999Introduced in House
Action By: House of Representatives

Cosponsors (12)


Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
House Ways and Means05/05/1999 Referred to

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Subjects (8)


Latest Summary (1)

There is one summary for H.R.1690. View summaries

Shown Here:
Introduced in House (05/05/1999)

Mortgage Cancellation Relief Act of 1999 - Amends the Internal Revenue Code to exclude from individual gross income the discharge of qualified residential indebtedness in excess of the outstanding principal of such indebtedness (prior to discharge) over the sum of any sales proceeds and any other outstanding principal indebtedness secured by the property.