HR 5617
116th Congress
House
Taxation
Debt collection
Income tax exclusion
Motor carriers
Tax administration and collection, taxpayers
Transportation employees
Taxi Medallion Loan Forgiveness Debt Relief Act of 2020
Introduced: January 15, 2020
Introduced by:
Meeks, Gregory W.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 15, 2020
Referred to the House Committee on Ways and Means.
Jan 15, 2020
Introduced in House
Plain-English 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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1