Introduced:
Feb 4, 2025
Policy Area:
Taxation
Congress.gov:
Bill Statistics
3
Actions
0
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
Yes
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Latest Action
Feb 4, 2025
Referred to the House Committee on Ways and Means.
Actions (3)
Referred to the House Committee on Ways and Means.
Type: IntroReferral
| Source: House floor actions
| Code: H11100
Feb 4, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: Intro-H
Feb 4, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: 1000
Feb 4, 2025
Subjects (1)
Taxation
(Policy Area)
Full Bill Text
Length: 1,469 characters
Version: Introduced in House
Version Date: Feb 4, 2025
Last Updated: Nov 15, 2025 6:24 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 917 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 917
To amend the Internal Revenue Code of 1986 to make permanent the
exclusion from gross income of discharge of qualified principal
residence indebtedness.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 4, 2025
Ms. Brownley introduced the following bill; which was referred to the
Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to make permanent the
exclusion from gross income of discharge of qualified principal
residence indebtedness.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[H.R. 917 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 917
To amend the Internal Revenue Code of 1986 to make permanent the
exclusion from gross income of discharge of qualified principal
residence indebtedness.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 4, 2025
Ms. Brownley introduced the following bill; which was referred to the
Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to make permanent the
exclusion from gross income of discharge of qualified principal
residence indebtedness.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``Mortgage Debt Tax Forgiveness Act of
2025''.
SEC. 2.
OF QUALIFIED PRINCIPAL RESIDENCE INDEBTEDNESS.
(a) In General.--
(a) In General.--
Section 108
(a)
(1)
(E) of the Internal Revenue Code
of 1986 is amended by striking ``which is discharged'' and all that
follows and inserting a period.
(a)
(1)
(E) of the Internal Revenue Code
of 1986 is amended by striking ``which is discharged'' and all that
follows and inserting a period.
(b) Effective Date.--The amendment made by this section shall apply
to indebtedness discharged after December 31, 2025.
<all>