This bill modifies the tax treatment of income attributable to the forgiveness of certain student loan indebtedness incurred between 2021 and 2026. It excludes from student gross income, for income tax purposes, income from the discharge of student loans for postsecondary education expenses, private education loans, and loans from certain tax-exempt educational organizations.
Action Date | Type | Text | Source |
---|---|---|---|
2021-03-09 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
2021-03-09 | IntroReferral | Introduced in House | Library of Congress |