,i #aadth ,,congress #ast ,session ,h4 ,r4 #ajjb ,,in ,,the ,,house ,,of ,,representatives ,february #ac1 #bjae ,mr4 ,reed 7for himself1 ,mr4 ,rangel1 ,mr4 ,heck of ,nevada1 ,mr4 ,paulsen1 ,mr4 ,young of ,indiana1 ,mr4 ,tiberi1 ,mr4 ,buchanan1 ,mr4 ,schock1 ,mr4 ,neal1 ,mr4 ,thompson of ,california1 ,mr4 ,larson of ,connecticut1 ,mr4 ,kind1 ,mr4 ,mc,dermott1 ,mr4 ,blumenauer1 ,mr4 ,kelly of ,pennsylvania1 and ,mr4 ,pascrell7 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 #b years 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 #bjae4 #b4 ,two-year extension of exclusion from gross income of discharge of qualified principal residence indebtedness 7a7 ,in general ,section #ajh7;a77#a77;,e7 of the ,internal ,revenue ,code of #aihf is amended by striking ,january #a1 #bjae and inserting ,january #a1 #bjag4 7b7 ,effective date ,the amendment made by this section shall apply to indebtedness discharged after ,december #ca1 #bjad4