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Attorney General Jack Conway has joined a national effort by state and territorial attorneys general to urge Congress to extend tax relief for consumers who’ve had mortgage debt canceled or forgiven because of financial hardship or a decline in housing values.
Attorney General Conway was one of 42 attorneys general to sign a letter to U.S. House and Senate leaders today, urging them to extend the exclusion, which has been in effect since 2007 and will otherwise expire on Dec. 31.
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