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American Recovery and Reinvestment Act Program Guide
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Delayed Recognition of Debt Income
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| Progress Indicator |
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| Guidance Available |
Application Processes Open |
Application Processes Closed |
Award Processes Completed |
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| Federal Program Information |
| Federal Program Description |
Certain businesses will be allowed to elect to delay the recognition of the cancellation of a debt as income over a 5 year period.
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| CFDA Number |
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| Assistance Type |
Use of Property, Facilities, and Equipment |
| ARRA Citation |
Division B, Title I, Section 1231, p.224 |
| ARRA Reporting |
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| Federal Agency |
Department of Treasury |
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| NYS Information |
| NYS Program Title |
Delayed Recognition of Debt Income |
| NYS Agency |
Tax & Finance |
| Contact |
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| Email |
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| Phone |
518-485-6027 |
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| Program Funding |
| National Total |
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| NYS Share |
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| Flow of Funds |
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| Deadline |
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| Awards and Outcomes |
| Website |
http://www.recovery.gov/transparency/pages/home.aspx?State=NY |
