Section[ SEC. 303. Ext. of Income Exclusion from Qualified Principal Residence Indebtedness Discharge
Title[ TITLE III -- TAX PROVISIONS
SEC. 303. EXTENSION OF EXCLUSION OF INCOME FROM DISCHARGE OF QUALIFIED PRINCIPAL RESIDENCE INDEBTEDNESS.
(a) EXTENSION. -- Subparagraph (E) of section 108(a)(1) of the Internal Revenue Code of 1986 is amended by striking ‘‘January 1, 2010’’ and inserting ‘‘January 1, 2013’’.
(b) EFFECTIVE DATE. -- The amendment made by this subsection shall apply to discharges of indebtedness occurring on or after January 1, 2010.
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