HR 1564
117th Congress
House
Taxation
Government lending and loan guarantees
Higher education
Income tax exclusion
Student aid and college costs
Student Loan Tax Relief Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 3, 2021
Referred to the House Committee on Ways and Means.
Mar 3, 2021
Introduced in House
Plain-English summary
Student Loan Tax Relief Act
This bill modifies tax provisions allowing an exclusion from gross income for income arising from discharges of student loan debt after January 31, 2020. This includes loans for postsecondary educational expenses, private education loans, and loans made by tax-exempt educational organizations.
The bill eliminates the temporary expiration date for the exclusion and the death or total and permanent disability requirement for a discharge.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1