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United States · Bill · HR

H.R. 7269 (110th)

To amend the Internal Revenue Code of 1986 to exclude from gross income gain from the sale of troubled assets.

referredUnited States· United States Congress· EN

Introduced

3 October 2008

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to exclude from gross income gain from the sale or exchange of a qualified mortgage or mortgage-related security held for more than one year. Defines "qualified mortgage or mortgage-related security" as any residential or commercial mortgage (or any security, obligation, or other instrument that is based on or related to such a mortgage) that was originated or issued on or before March 14, 2008, and was acquired by the taxpayer after the enactment of this Act and before January 1, 2009.

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Documents

3 official files

Introduced in House (text)

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Sources

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