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S 551 98th Congress Senate Taxation Debt Education Income tax Student aid Tax exclusion

A bill to amend the Tax Reform Act of 1976 to extend, for an additional four years, the exclusion from gross income of the cancellation of certain student loans.

Introduced: February 22, 1983 See on congress.gov
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This bill died when the 98th Congress ended
It never became law before the 98th Congress (1983–1984) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 1, 1983
Committee on Finance requested executive comment from OMB, Treasury Department.
Feb 22, 1983
Read twice and referred to the Committee on Finance.
Feb 22, 1983
Introduced in Senate
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 Plain-English summary Congressional Research Service

Amends the Tax Reform Act of 1976 to extend from 1983 to 1987 the exclusion from gross income of income resulting from the cancellation of student loan indebtedness.

What's happening now March 1, 1983

Committee on Finance requested executive comment from OMB, Treasury Department.

 Related & companion bills 1
  • HR 3236 Identical bill A bill to amend the Tax Reform Act of 1976 to extend, for an additional four years, the exclusion from gross income of …
 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Jul 20, 1983
Cite this page click to expand
APA
U.S. Congress. (2026). S. 551: A bill to amend the Tax Reform Act of 1976 to extend, for an additional four years, the exclusion from gross income of the cancellation of certain student loans.. 98th Congress. Open America. https://openamerica.io/bill/98-S-551/
MLA
"S. 551: A bill to amend the Tax Reform Act of 1976 to extend, for an additional four years, the exclusion from gross income of the cancellation of certain student loans.." 98th Congress, 2026, Open America, https://openamerica.io/bill/98-S-551/.
Bluebook (legal)
S. 551, 98th Cong. (2026), https://openamerica.io/bill/98-S-551/.
Markdown link
[S. 551: A bill to amend the Tax Reform Act of 1976 to extend, for an additional four years, the exclusion from gross income of the cancellation of certain student loans.](https://openamerica.io/bill/98-S-551/)
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