Skip to main content
S 1947 114th Congress Senate Taxation Higher education Income tax exclusion Student aid and college costs

Income-Based Repayment Debt Forgiveness Act

Introduced: August 5, 2015 Introduced by: Merkley, Jeff Democratic · Oregon See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 5, 2015
Read twice and referred to the Committee on Finance.
Aug 5, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

Income-Based Repayment Debt Forgiveness Act

Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, income imputed from the discharge of student loan indebtedness pursuant to a federal program that provides for income contingent or income-based repayment of such loan.

What's happening now August 5, 2015

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1