United States · Bill · S
S. 1394 (110th)
Mortgage Cancellation Relief Act of 2007
Introduced
15 May 2007
Last action
15 May 2007 · Introduced
Status
Read twice and referred to the Committee on Finance.
Sponsors
Sen. Stabenow, Debbie [D-MI], Sen. Voinovich, George V. [R-OH], Sen. Kerry, John F. [D-MA], Sen. Levin, Carl [D-MI], Rep. Snowe, Olympia J. [R-ME-2], Sen. Brown, Sherrod [D-OH], Sen. Hatch, Orrin G. [R-UT], Charles Schumer, Sen. Coleman, Norm [R-MN], Sen. Reid, Harry [D-NV], Rep. Nelson, Bill [D-FL-11], Amy Klobuchar, Sen. Lieberman, Joseph I. [D-CT], Rep. Harkin, Tom [D-IA-5], John Reed, Sen. Salazar, Ken [D-CO]
Subjects
Taxation
Source updated
10 January 2026
Summary
Mortgage Cancellation Relief Act of 2007 - Amends the Internal Revenue Code to exclude from gross income amounts attributable to the discharge of certain residential mortgage obligations.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
15 May 2007
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
15 May 2007
Introduced
Sponsor introductory remarks on measure. (CR S6131)
Source: IntroReferral
15 May 2007
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 15 May 2007 · Official file
Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 15 May 2007
Introduced in Senate (PDF)
Introduced in Senate · EN · 15 May 2007
Introduced in Senate
summary · EN · 15 May 2007
Sponsors
- Sen. Stabenow, Debbie [D-MI] · D · Sponsor
- Sen. Voinovich, George V. [R-OH] · R · Sponsor
- Sen. Kerry, John F. [D-MA] · D · Sponsor
- Sen. Levin, Carl [D-MI] · D · Sponsor
- Rep. Snowe, Olympia J. [R-ME-2] · R · Sponsor
- Sen. Brown, Sherrod [D-OH] · D · Cosponsor
- Sen. Hatch, Orrin G. [R-UT] · R · Cosponsor
- Charles Schumer · D · Cosponsor
- Sen. Coleman, Norm [R-MN] · R · Cosponsor
- Sen. Reid, Harry [D-NV] · D · Cosponsor
- Rep. Nelson, Bill [D-FL-11] · D · Cosponsor
- Amy Klobuchar · D · Cosponsor
- Sen. Lieberman, Joseph I. [D-CT] · ID · Cosponsor
- Rep. Harkin, Tom [D-IA-5] · D · Cosponsor
- John Reed · D · Cosponsor
- Sen. Salazar, Ken [D-CO] · D · Cosponsor
- · ssfi00 · Standing
Related records
- related to → Foreclosure Tax Relief Act of 2007
- related to → Mortgage Forgiveness Debt Relief Act of 2007
- related to → Mortgage Cancellation Relief Act of 2007
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/110th-congress/senate-bill/1394
- Open data entity: https://api.congress.gov/v3/bill/110/s/1394
- us · 110-s-1394 · source updated 10 January 2026