US Congress House Bill 3856 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 13 2014 - 25% progression, died in committee
Action: 2014-01-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Homeowners Debt Relief Extension Act of 2014 - Amends the Internal Revenue Code to: (1) extend through 2015 the exclusion from gross income of imputed income from the discharge of indebtedness with respect to a principal residence; and (2) exclude from the definition of "domestic production gross receipts" for purposes of the tax deduction for income attributable to domestic production activities, gross receipts of a major integrated oil company (i.e., a company which has an average daily worldwide production of crude oil of at least 500,000 barrels for the taxable year and gross receipts in excess of $1 billion for its last taxable year ending during 2005) from the production, transportation, or distribution of oil, natural gas, or any primary product thereof.

Homeowners Debt Relief Extension Act of 2014

Rep. Bill Foster [D-IL]

Rep. John Carney [D-DE]

Rep. Marcy Kaptur [D-OH]

Rep. Niki Tsongas [D-MA]

Date	Chamber	Action
2014-01-13	House	Referred to the House Committee on Ways and Means.

HB2788 (Related) 2013-07-23 - Referred to the House Committee on Ways and Means.
HB2994 (Related) 2013-08-02 - Referred to the House Committee on Ways and Means.
HB5785 (Related) 2014-12-03 - Referred to the House Committee on Ways and Means.
SB1187 (Related) 2013-06-19 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/3856/all-info
Text	https://www.congress.gov/113/bills/hr3856/BILLS-113hr3856ih.pdf