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- H.R.5637
H.R.5637: Consumer Debt Forgiveness Tax Relief Act of 2014
About This Bill
- Introduced Sept. 18, 2014
- Latest Major Action Sept. 18, 2014
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Consumer Debt Forgiveness Tax Relief Act of 2014 - Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, income that is imputed to the discharge of qualified consumer indebtedness. Defines "qualified consumer indebtedness" as any indebtedness of a natural person arising out of a transaction in which the money, property, or services that are the subject of the transaction are primarily for personal, family,...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sept. 18, 2014 |
Referred to the House Committee on Ways and Means.
|
Sept. 18, 2014 |
Introduced in the House by Scott Peters (D-Calif.) |