To amend the Internal Revenue Code of 1986 to exclude certain student loan forgiveness from gross income.

United States117th CongressHR-1683House of Representatives
Updated: Mar 9, 2021

Summary

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.

Bill texts

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Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. Referred to the House Committee on Ways and Means.

    House of Representatives

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