Sec. 2003. MODIFICATION OF MORTGAGE REPORTING REQUIREMENTS

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## SEC. 2003 MODIFICATION OF MORTGAGE REPORTING REQUIREMENTS ###

(a)Information Return Requirements Section 6050H(b)(2) of the Internal Revenue Code of 1986 is amended by striking “ and ” at the end of subparagraph (C), by redesignating subparagraph

(D)as subparagraph

(G)and by inserting after subparagraph

(C)the following new subparagraphs: > > ##### “(D) > > the amount of outstanding principal on the mortgage as of the beginning of such calendar year, > > > ##### “(E) > > the date of the origination of the mortgage, > > > ##### “(F) > > the address (or other description in the case of property without an address) of the property which secures the mortgage, and” > . ###

(b)Statements to Individuals Section 6050H(d)(2) of such Code is amended by striking “subsection (b)(2)(C)” and inserting “subparagraphs (C), (D), (E), and

(F)of subsection (b)(2)”. ###

(c)Effective date **[**[26 U.S.C. 6050H note](/us/usc/t26/s6050H)**]** The amendments made by this section shall apply to returns required to be made, and statements required to be furnished, after December 31, 2016.

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26 USC 6050H

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Sec. 2003

MODIFICATION OF MORTGAGE REPORTING REQUIREMENTS

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