To amend the Internal Revenue Code of 1986 to exclude discharges of indebtedness on taxi medallions from gross income.
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.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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