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HR 1690 106th Congress House Taxation Debtor and creditor Finance and Financial Sector Housing and Community Development Income tax Mortgage loans Personal income tax Tax exclusion

Mortgage Cancellation Relief Act of 1999

Introduced: May 5, 1999 See on congress.gov
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 5, 1999
Referred to the House Committee on Ways and Means.
May 5, 1999
Sponsor introductory remarks on measure. (CR E874-875)
May 5, 1999
Introduced in House
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 Plain-English summary Congressional Research Service
Mortgage Cancellation Relief Act of 1999 - Amends the Internal Revenue Code to exclude from individual gross income the discharge of qualified residential indebtedness in excess of the outstanding principal of such indebtedness (prior to discharge) over the sum of any sales proceeds and any other outstanding principal indebtedness secured by the property.
What's happening now May 5, 1999

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • S 2555 Identical bill Mortgage Cancellation Relief Act of 2000
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Larson, John B.
Connecticut · Sep 21, 2000
 D
Pallone, Frank
New Jersey · Sep 7, 2000
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1690: Mortgage Cancellation Relief Act of 1999. 106th Congress. Open America. https://openamerica.io/bill/106-HR-1690/
MLA
"H.R. 1690: Mortgage Cancellation Relief Act of 1999." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-1690/.
Bluebook (legal)
H.R. 1690, 106th Cong. (2026), https://openamerica.io/bill/106-HR-1690/.
Markdown link
[H.R. 1690: Mortgage Cancellation Relief Act of 1999](https://openamerica.io/bill/106-HR-1690/)
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