HR-1683 : Still Just a Bill

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 Timeline

Action DateTypeTextSource
2021-03-09IntroReferralReferred to the House Committee on Ways and Means.House floor actions
2021-03-09IntroReferralIntroduced in HouseLibrary of Congress

Sponsor :

Rep. Davis, Danny K. [D-IL-7]
See Cosponsors

Policy Area :

Taxation
See Subjects
  • Higher education
  • Income tax exclusion
  • Student aid and college costs

Related Bills

See Related Bills