Relating to a tax credit for the forgiveness of tenant debt; prescribing an effective date.
Summary
Establishes income tax credit for forgiveness by landlord of tenant's nonpayment of rent or other charges ] amount of unpaid rent forgiven by landlord and certified by Housing and Community Services Department . Subtracts from federal taxable income tenant's discharge of indebtedness income attributable to landlord's forgiveness of nonpayment ] unpaid rent . Takes effect on 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2021
Last action Jun 27, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
2
Committee
3
Jun 27, 2021
Upper · Passed
In committee upon adjournment.
upper
Apr 9, 2021
Upper · Passed
Recommendation: Do pass with amendments and be referred to Tax Expenditures by prior reference. (Printed A-Eng.)
upper
Jan 19, 2021
Committee
Referred to Housing and Development, then Tax Expenditures.
upper
Jan 11, 2021
Introduced
Introduction and first reading. Referred to President's desk.
upper
2 primary · 3 co-sponsors
Sponsors
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