3.0.0 4826 2023-01-11T13:16:25Z 2023-01-11T13:16:25Z House H HR 2010-03-11 111 hsba00 Financial Services Committee House Standing Referred to 2010-03-11T15:01:50Z hswm00 Ways and Means Committee House Standing Referred to 2010-03-11T15:01:49Z 2010-03-11 Referred to House Financial Services IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2010-03-11 Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2010-03-11 Referred to House Ways and Means IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-03-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-03-11 Introduced in House IntroReferral 1000 9 Library of Congress F000454 Rep. Foster, Bill [D-IL-14] Bill Foster D IL 14 N Taxation Administrative remedies Government corporations and government-sponsored enterprises Housing finance and home ownership Income tax deductions Taxation 00 2010-03-11 Introduced in House 2010-04-21T21:02:27Z Responsible Homeowner Relief Act of 2010 - Amends the Internal Revenue Code to allow an individual taxpayer a deduction from gross income for loss from the sale or exchange of a principal residence in which such taxpayer resided for at least two years during the five-year period prior to the sale. Limits the aggregate amount of such deduction to $9,000, allowable in three annual installments of $3,000. Terminates such deduction after 2012.

Requires the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to waive any short sale waiting period requirement for certain mortgagors who refinance their mortgage in a short sale. Terminates such waiver authority on January 1, 2013.

]]> Responsible Homeowner Relief Act of 2010 Display Title Responsible Homeowner Relief Act of 2010 Official Title as Introduced To promote neighborhood stabilization by incentivizing short sales, as a preferable alternative to foreclosure, through the Internal Revenue Code of 1986. Introduced in House IH Short Titles as Introduced Responsible Homeowner Relief Act of 2010 Introduced in House 2010-03-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr4826ih/xml/BILLS-111hr4826ih.xml 2010-03-11 Referred to House Financial Services text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.