HOUSE 2077117th CongressReferred to the House Committee on Ways and Means.
Taxi Medallion Loan Forgiveness Debt Relief Act of 2021
- Last Action
- 3/19/2021
Actions
- 2021-03-19Referred to the House Committee on Ways and Means.
- 2021-03-19Introduced in House
- 2021-03-19Introduced in House
CRS Summary
As of 2021-03-19 (00)
Taxi Medallion Loan Forgiveness Debt Relief Act of 2021
This bill excludes from gross income, for income tax purposes, income of a taxpayer, other than a C corporation, attributable to the discharge of qualified taxi medallion indebtedness that is discharged before 2023.
Cosponsors (13)
- CAROLYN MALONEY (D-NY)
- Thomas Suozzi (D-NY)
- NYDIA VELAZQUEZ (D-NY)
- Kathleen Rice (D-NY)
- Adriano Espaillat (D-NY)
- Alexandria Ocasio-Cortez (D-NY)
- JERROLD NADLER (D-NY)
- Ritchie Torres (D-NY)
- Yvette Clarke (D-NY)
- Grace Meng (D-NY)
- Hakeem Jeffries (D-NY)
- Nicole Malliotakis (R-NY)
- Jamaal Bowman (D-NY)
Subjects
- Debt collection
- Income tax exclusion
- Motor carriers
- Tax administration and collection, taxpayers
- Transportation employees
Sourced from Congress.gov (public domain).
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