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SENATE 1248116th CongressRead twice and referred to the Committee on Finance.

Income-Based Repayment Debt Forgiveness Act

Last Action
4/30/2019

CRS Summary

As of 2019-04-30 (00)

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.

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.