HR 1056
108th Congress
House
Generating Opportunity by Forgiving Educational Debt for Service Act of 2003
Official title: To amend the Internal Revenue Code of 1986 to exclude from gross income amounts paid on behalf of Federal employees under Federal student loan repayment programs.
Taxation
Economics and Public FinanceEducationFederal aid to educationFederal employees
More subjectsShow fewer subjects
Government Operations and PoliticsHigher educationIncome taxLabor and EmploymentOld age, survivors and disability insuranceRecruiting of employeesScholarshipsSocial WelfareStudent loan fundsTax exclusionWages
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 4, 2003
Referred to the House Committee on Ways and Means.
Mar 4, 2003
Introduced in House
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Latest action
Referred to the House Committee on Ways and Means.
Plain-English summary
Generating Opportunity by Forgiving Educational Debt for Service Act of 2003 - Amends the Internal Revenue Code and the Social Security Act to exclude: (1) from the gross income of a Federal employee amounts the Federal Government repays on the employee's student loans; and (2) such payments from counting as wages for the calculation of Social Security taxes.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 1056: Generating Opportunity by Forgiving Educational Debt for Service Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1056/
"H.R. 1056: Generating Opportunity by Forgiving Educational Debt for Service Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1056/.
H.R. 1056, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1056/.
[H.R. 1056: Generating Opportunity by Forgiving Educational Debt for Service Act of 2003](https://openamerica.io/bill/108-HR-1056/)