S 2815 ISCommentsClose CommentsPermalink

To extend certain housing-related deadlines in the Heartland Disaster Tax Relief Act of 2008.CommentsClose CommentsPermalink

November 20, 2009CommentsClose CommentsPermalink

Mr. GRASSLEY introduced the following bill; which was read twice and referred to the Committee on FinanceCommentsClose CommentsPermalink

To extend certain housing-related deadlines in the Heartland Disaster Tax Relief Act of 2008.CommentsClose CommentsPermalink

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

SECTION 1. EXTENSION OF SPECIAL RULES FOR USE OF RETIREMENT FUNDS.

Section 702(d)(10) of the Heartland Disaster Tax Relief Act of 2008 (Public Law 110-343; 122 Stat. 3916) is amended--CommentsClose CommentsPermalink





(1) by striking ‘January 1, 2010’ both places it appears and inserting ‘January 1, 2011’, andCommentsClose CommentsPermalink





(2) by striking ‘December 31, 2009’ both places it appears and inserting ‘December 31, 2010’.CommentsClose CommentsPermalink

SEC. 2. EXTENSION OF EXCLUSION OF CERTAIN CANCELLATION OF INDEBTEDNESS INCOME.

Section 702(e)(4)(C) of the Heartland Disaster Tax Relief Act of 2008 (Public Law 110-343; 122 Stat. 3918) is amended by striking ‘January 1, 2010’ and inserting ‘January 1, 2011’.CommentsClose CommentsPermalink