,,ii  #aacth ,,congress  #ast ,session  
,s4 #aahg  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #ai1     
#bjac ,ms4 ,stabenow 7for herself1 ,mr4 
,heller1 ,mr4 ,menendez1 and ,mr4       
,isakson7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,finance  ,a ,,bill   
,to prevent homeowners from being forced
 to pay taxes on forgiven mortgage loan 
debt4  #a4 ,short title ,this ,act may  
be cited as the ,mortgage ,forgiveness  
,tax ,relief ,act4  #b4 ,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 #bjaf4  7b7 ,effective date
 ,the amendment made by this section    
shall apply to indebtedness discharged  
after ,december #ca1 #bjac4