[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2166 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 2166

   To amend the Internal Revenue Code of 1986 to make permanent the 
   exclusion from gross income of discharges of qualified principal 
                        residence indebtedness.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 30, 2015

 Mr. Grayson introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to make permanent the 
   exclusion from gross income of discharges of qualified principal 
                        residence indebtedness.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PERMANENT EXCLUSION FROM GROSS INCOME OF DISCHARGE OF 
              QUALIFIED PRINCIPAL RESIDENCE INDEBTEDNESS.

    Subparagraph (E) of section 108(a)(1) of the Internal Revenue Code 
of 1986 is amended by striking ``which is discharged before January 1, 
2015''.
                                 <all>