HR 1856
102th Congress
House
Taxation
Colleges
Finance and Financial Sector
Income tax
Professional education
Student loan funds
Tax exclusion
To amend the Internal Revenue Code of 1986 with respect to the discharge, or repayment, of student loans of students who agree to perform services in certain professions.
Introduced: April 17, 1991
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 17, 1991
Referred to the House Committee on Ways and Means.
Apr 17, 1991
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to extend discharge of indebtedness provisions to loan cancellation programs of banks and institutions of higher education. Includes under such program loans made to students by institutions of higher education to repay other loans. Permits the institution to repay such other loans.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1