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HR 1765 109th Congress House Taxation Congress Congressional reporting requirements 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 2005

Introduced: April 21, 2005 See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 16, 2005
Ordered to be Reported by Voice Vote.
Jun 16, 2005
Committee Consideration and Mark-up Session Held.
May 17, 2005
Forwarded by Subcommittee to Full Committee by Unanimous Consent.
May 17, 2005
Subcommittee Consideration and Mark-up Session Held.
Apr 21, 2005
Referred to the Subcommittee on Federal Workforce and Agency Organization.
Apr 21, 2005
Referred to the Committee on Ways and Means, and in addition to the Committee on Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 21, 2005
Introduced in House
 Plain-English summary Congressional Research Service

Generating Opportunity by Forgiving Educational Debt for Service Act of 2005 - Amends the Internal Revenue Code to exclude from the gross income of Federal employees student loan repayments by the Federal Government on behalf of such employees. Exempts such repayments from social security taxes.

Requires the Director of the Office of Personnel Management (OPM) to include in the annual report to Congress on student loan repayment benefits information identifying Federal agencies that have not provided such benefits.

What's happening now June 16, 2005

Ordered to be Reported by Voice Vote.

 Committees of jurisdiction 3