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S 1248 116th Congress Senate Taxation Higher education Income tax exclusion Student aid and college costs

Income-Based Repayment Debt Forgiveness Act

Introduced: April 30, 2019 Introduced by: Merkley, Jeff Democratic · Oregon See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 30, 2019
Read twice and referred to the Committee on Finance.
Apr 30, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

Income-Based Repayment Debt Forgiveness Act

This bill modifies the requirements for calculating taxable income to exclude from the gross income of an individual any income that is attributable to the discharge of a federal student loan pursuant to a federal program or law that provides for income contingent or income-based repayment of the loan.

What's happening now April 30, 2019

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1