United States · Bill · S
S. 4801 (118th)
Tax Relief for Coerced Debt Act of 2024
Introduced
25 July 2024
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
27 May 2025
Summary
Tax Relief for Coerced Debt Act of 2024 This bill excludes from gross income, for income tax purposes, income resulting from the discharge of coerced indebtedness. Under the bill, indebtedness of an individual is treated as coerced indebtedness if it was incurred as the result of the unknowing and unauthorized use of the individual's personal indentifying information, or by reason of economic abuse, intimidation, force, fraud, or deception, and the individual debtor was relieved of personal liability for the debt by a court judgment.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 25 July 2024
Introduced in Senate (PDF)
Introduced in Senate · EN · 25 July 2024
Introduced in Senate
summary · EN · 25 July 2024
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/4801
- Open data entity: https://api.congress.gov/v3/bill/118/s/4801