Section 172(i)(1)(A)(i)(I) of the Internal Revenue Code of 1986 is amended by striking and before January 1, 2016, . (b) Effective date The amendment made by this section shall apply to disasters declared in taxable years beginning after December 31, 2015. 307. Special rules for use of retirement funds in connection with federally declared disasters (a) Withdrawals Section 72(t)(11)(A) of the Internal Revenue Code of 1986, as amended by section 108 of this Act, is amended by striking 2011 and before January 1, 2016, and inserting 2011, . (b) Loans Section 72(p)(6)(C)(ii) of such Code is amended by striking and ending on December 31, 2016 . (c) Effective date The amendments made by this section shall apply to distributions with respect to disasters declared after December 31, 2015. 308. Additional exemption for housing qualified disaster displaced individuals (a) In general Section 151(f)(3)(B)(i) of the Internal Revenue Code of 1986, as amended by section 109 of this Act, is amended by striking and before 2016 . (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2015. 309. Exclusions of certain cancellations of indebtedness by reason of disasters (a) In general Section 108(j)(3) of the Internal Revenue Code of 1986, as amended by section 110 of this Act, is amended by striking and before 2016 . (b) Effective date The amendment made by this section shall apply to discharges made on or after December 31, 2015. 310. Special rule for determining earned income of individuals affected by federally declared disasters (a) In general Section 32(n)(2) of the Internal Revenue Code of 1986, as amended by section 111 of this Act, is amended by striking and before 2016 . (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2015. 311. Qualified disaster area recovery bonds (a) In general Section 146A(b)(4) of the Internal Revenue Code of 1986, as amended by section 114 of this Act, is further amended by