Rep. Meeks and New York City Delegation Reintroduce Bill for Taxi Medallion Loan Forgiveness
March 20, 2021
March 20, 2021
NEW YORK, March 20 -- Rep. Gregory W. Meeks, D-New York, issued the following news release:
Congressman Gregory W. Meeks, Senior Member of the House Financial Services Committee, reintroduced legislation that would provide significant financial relief for overly burdened taxi medallion owners by not considering debt forgiveness they receive as income for tax purposes. The bill, H.R. 2077, is cosponsored by the entire NYC delegation, and is bipartisan.
Medallion debt is . . .
Congressman Gregory W. Meeks, Senior Member of the House Financial Services Committee, reintroduced legislation that would provide significant financial relief for overly burdened taxi medallion owners by not considering debt forgiveness they receive as income for tax purposes. The bill, H.R. 2077, is cosponsored by the entire NYC delegation, and is bipartisan.
Medallion debt is . . .