Pub. L. 116-94, div. Q, tit. I, subtit. A, sec. 101 (as amended)
EXCLUSION FROM GROSS INCOME OF DISCHARGE OF QUALIFIED PRINCIPAL RESIDENCE INDEBTEDNESS.
SEC. 101. EXCLUSION FROM GROSS INCOME OF DISCHARGE OF QUALIFIED PRINCIPAL RESIDENCE INDEBTEDNESS.
(a) [26 U.S.C. 108] In General.—Section 108(a)(1)(E)is amended by striking “January 1, 2018” each place it appears and inserting “January 1, 2021”.
(b) Conforming Amendment.—Section 108(h)(2) is amended by inserting “and determined without regard to the substitution described in section 163(h)(3)(F)(i)(II)” after “clause (ii) thereof”.
(c) [26 U.S.C. 108 note] Effective Date.—The amendments made by this section shall apply to discharges of indebtedness after December 31, 2017.
- Cross-references to the US Code
- 26 U.S.C. 10826 U.S.C. 108 note