Saving Our Mainstreet American Locations for Leisure and Shopping Act of 2023

Hozzl · 2024-03-07T08:15:24Z

Explore the details of House Bill 5580 Saving Our Mainstreet American Locations for Leisure and Shopping Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

3/7/2024, 8:15 AM

Saving Our Mainstreet American Locations for Leisure and Shopping Act of 2023

This bill excludes from gross income, for income tax purposes, income attributable to certain discharges of commercial or retail indebtedness secured by real property.

Congress

118

Number

HR - 5580

Introduced on

2023-09-19

# Amendments

Status of Legislation

Bill Introduced

Introduced to House

House to Vote

Introduced to Senate

Senate to Vote

Purpose and Summary

Saving Our Mainstreet American Locations for Leisure and Shopping Act of 2023

This bill excludes from gross income, for income tax purposes, income attributable to certain discharges of commercial or retail indebtedness secured by real property.

Policy Areas

Taxation

Comments

Recent Activity

Latest Summary10/6/2023

Saving Our Mainstreet American Locations for Leisure and Shopping Act of 2023

This bill excludes from gross income, for income tax purposes, income attributable to certain discharges of commercial or retail indebtedness ...

Latest Action9/19/2023

Referred to the House Committee on Ways and Means.