I
119THCONGRESS
1
STSESSION H. R. 917
To amend the Internal Revenue Code of 1986 to make permanent the exclu-
sion from gross income of discharge of qualified principal residence
indebtedness.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY4, 2025
Ms. B
ROWNLEYintroduced 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 discharge
of qualified principal residence indebtedness.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Mortgage Debt Tax 4
Forgiveness Act of 2025’’. 5
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•HR 917 IH
SEC. 2. PERMANENT EXTENSION OF EXCLUSION FROM 1
GROSS INCOME OF DISCHARGE OF QUALI-2
FIED PRINCIPAL RESIDENCE INDEBTEDNESS. 3
(a) I
NGENERAL.—Section 108(a)(1)(E) of the Inter-4
nal Revenue Code of 1986 is amended by striking ‘‘which 5
is discharged’’ and all that follows and inserting a period. 6
(b) E
FFECTIVEDATE.—The amendment made by 7
this section shall apply to indebtedness discharged after 8
December 31, 2025. 9
Æ
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