S 512
108th Congress
Senate
Taxation
Economics and Public Finance
Education
Federal aid to education
Federal employees
Government Operations and Politics
Higher education
Income tax
Labor and Employment
Old age, survivors and disability insurance
Recruiting of employees
Scholarships
Social Welfare
Student loan funds
Tax exclusion
Wages
Generating Opportunity by Forgiving Educational Debt for Service Act of 2003
Introduced: March 4, 2003
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 4, 2003
Read twice and referred to the Committee on Finance.
Mar 4, 2003
Introduced in Senate
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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1