Taxi Medallion Loan Forgiveness Debt Relief Act of 2021
USA117th CongressHR-2077| House
| Updated: 3/19/2021
Gregory W. Meeks
Democratic Representative
New York
Cosponsors (13)
Ritchie Torres (Democratic)Kathleen M. Rice (Democratic)Carolyn B. Maloney (Democratic)Thomas R. Suozzi (Democratic)Adriano Espaillat (Democratic)Hakeem S. Jeffries (Democratic)Jerrold Nadler (Democratic)Alexandria Ocasio-Cortez (Democratic)Nydia M. Velázquez (Democratic)Yvette D. Clarke (Democratic)Grace Meng (Democratic)Jamaal Bowman (Democratic)Nicole Malliotakis (Republican)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Debt collectionIncome tax exclusionMotor carriersTax administration and collection, taxpayersTransportation employees
Taxi Medallion Loan Forgiveness Debt Relief Act of 2021
USA117th CongressHR-2077| House
| Updated: 3/19/2021
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Gregory W. Meeks
Democratic Representative
New York
Cosponsors (13)
Ritchie Torres (Democratic)Kathleen M. Rice (Democratic)Carolyn B. Maloney (Democratic)Thomas R. Suozzi (Democratic)Adriano Espaillat (Democratic)Hakeem S. Jeffries (Democratic)Jerrold Nadler (Democratic)Alexandria Ocasio-Cortez (Democratic)Nydia M. Velázquez (Democratic)Yvette D. Clarke (Democratic)Grace Meng (Democratic)Jamaal Bowman (Democratic)Nicole Malliotakis (Republican)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Debt collectionIncome tax exclusionMotor carriersTax administration and collection, taxpayersTransportation employees