Summary: S.608 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for S.608. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/27/2015)

Mortgage Forgiveness Tax Relief Act

Amends the Internal Revenue Code, as amended by the Tax Increase Prevention Act of 2014, to extend the exclusion from gross income of income attributable to the discharge of indebtedness on a principal residence that was discharged subject to an arrangement entered into and evidenced in writing before January 1, 2017.