HR 8116 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill would change the tax code so that certain money received from shared appreciation mortgage contracts would not count as taxable income. Shared appreciation mortgages are a type of home loan where the lender agrees to lower terms in exchange for a share of any increase in the home's value. No official summary is available for this bill.
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