To amend the Internal Revenue Code of 1986 to exclude from gross income the discharge of indebtedness of certain individuals who are unlawfully or wrongfully detained abroad.
About This Bill
Committee
Latest Action · August 30, 2024
Referred to the House Committee on Ways and Means.
Hostage Private Debt Tax Freedom Act
This bill excludes from gross income, for income tax purposes, income resulting from the discharge of indebtedness of individuals wrongfully detained abroad.
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