S 3266
114th Congress
Senate
Taxation
Student Loan Tax Relief Act
Introduced: July 14, 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
Jul 14, 2016
Introduced in Senate
Jul 14, 2016
Read twice and referred to the Committee on Finance.
Plain-English summary
Student Loan Tax Relief Act
This bill amends the Internal Revenue Code to exclude from gross income of an individual the discharge (in whole or in part) of student loans. The student loans covered by the bill include: (1) any loan provided expressly for postsecondary educational expenses and made by specified U.S. entities, states, political subdivisions, the District of Columbia, or any institution of higher education; (2) any private education loan; and (3) loans made by specified educational and tax-exempt organizations that meet certain requirements.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1