House Bill 5617
116th Congress(2019-2020)
Taxi Medallion Loan Forgiveness Debt Relief Act of 2020
Introduced
Introduced in House on Jan 15, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5617
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Gregory Meeks
grade
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
New York
No House votes have been held for this bill.
Summary
Taxi Medallion Loan Forgiveness Debt Relief Act of 2020
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.
January 15, 2020
01/15/2020
Referred to the House Committee on Ways and Means.
01/15/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:17:52 PM