H.R. 5617 · 116th Congress
Taxi Medallion Loan Forgiveness Debt Relief Act of 2020
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MeeksSponsor14 cosponsors · 13 D, 1 R
D
Clarke
EE
D
Engel
AE
D
Espaillat
HJ
D
Jeffries
PK
R
King
CM
D
Maloney
GM
D
Meng
JN
D
Nadler
AO
D
Ocasio-Cortez
KR
D
Rice
MR
D
Rose
JS
D
Serrano
TS
D
Suozzi
NV
D
Velázquez14 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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 it does: CRS summary · Introduced in House · Jan 15, 2020
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Taxi Medallion Loan Forgiveness Debt Relief Act of 2020
Latest action (Jan 15, 2020): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jan 15, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.