,i #aacth ,,congress #ast ,session ,h4 ,r4 #biid ,,in ,,the ,,house ,,of ,,representatives ,august #b1 #bjac ,mr4 ,reed 7for himself1 ,mr4 ,rangel1 ,mr4 ,roskam1 ,mr4 ,thompson of ,california1 ,mr4 ,brady of ,texas1 ,ms4 ,linda ,t4 ,snchez of ,california1 ,mr4 ,griffin of ,arkansas1 ,mr4 ,boustany1 ,mr4 ,kind1 ,mr4 ,neal1 ,ms4 ,jenkins1 ,mr4 ,larson of ,connecticut1 ,mr4 ,watt1 ,mr4 ,mc,govern1 ,mr4 ,ribble1 ,mr4 ,capuano1 ,mr4 ,turner1 and ,mr4 ,buchanan7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to extend for #a year the exclusion from gross income of discharges of qualified principal residence indebtedness4 #a4 ,short title ,this ,act may be cited as the ,mortgage ,forgiveness ,tax ,relief ,act of #bjac4 #b4 #a-year extension of exclusion from gross income of discharge of qualified principal residence indebtedness 7a7 ,in general ,subparagraph 7,e7 of section #ajh7;a77#a7 of the ,internal ,revenue ,code of #aihf is amended by striking ,january #a1 #bjad and inserting ,january #a1 #bjae4 7b7 ,effective date ,the amendment made by this section shall apply to indebtedness discharged after ,december #ca1 #bjac4