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HR 683 111th Congress House Taxation Corporate finance and management Income tax exclusion Securities

To amend the Internal Revenue Code of 1986 with respect to the proper tax treatment of certain indebtedness discharged in 2009 or 2010, and for other purposes.

Introduced: January 26, 2009 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 26, 2009
Referred to the House Committee on Ways and Means.
Jan 26, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow an exclusion from gross income for income attributable to the discharge of indebtedness relating to securities issued by certain financial entities and discharged after December 31, 2008, and before January 1, 2011.

What's happening now January 26, 2009

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1