S 3008
114th Congress
Senate
Taxation
Higher education
Income tax exclusion
Student aid and college costs
Student Tax Relief Act
Introduced: May 26, 2016
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 26, 2016
Read twice and referred to the Committee on Finance.
May 26, 2016
Introduced in Senate
Plain-English summary
Student Tax Relief Act
This bill amends the Internal Revenue Code to exclude from gross income the discharge of student loan debt after June 12, 2014, due to: (1) borrower defenses asserted pursuant to the Higher Education Act of 1965, or (2) an agreement with the Consumer Financial Protection Bureau or any other federal agency in connection with the closure or other agency action relating to an educational institution.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1