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Saving Our MALLS Act

7/17/2025, 6:58 PM

Summary of Bill HR 4115

The bill, designated as H.R. 4115 in the 119th Congress and introduced on June 24, 2025, aims to amend the Internal Revenue Code of 1986 to exclude specific discharges of indebtedness secured by real property from being considered as income.

Current Status of Bill HR 4115

Bill HR 4115 is currently in the status of Bill Introduced since June 24, 2025. Bill HR 4115 was introduced during Congress 119 and was introduced to the House on June 24, 2025.  Bill HR 4115's most recent activity was Referred to the House Committee on Ways and Means. as of June 24, 2025

Bipartisan Support of Bill HR 4115

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
2
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4115

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 4115

To amend the Internal Revenue Code of 1986 to exclude certain discharges of indebtedness secured by real property from income.
To amend the Internal Revenue Code of 1986 to exclude certain discharges of indebtedness secured by real property from income.

Comments

Raul Kenney profile image

Raul Kenney

470

4 months ago

I think this bill is great cuz it helps save our malls and that's important for our economy. It will create jobs and bring in more money for our community. I'm excited to see how this will help our state and make things better for everyone.