Student Loan Tax Relief Act

United States117th CongressS-496Senate
Updated: Mar 1, 2021

Summary

Student Loan Tax Relief Act This bill modifies tax provisions allowing an exclusion from gross income for income arising from discharges of student loan debt after January 31, 2020. This includes loans for postsecondary educational expenses, private education loans, and loans made by tax-exempt educational organizations. The bill eliminates the temporary expiration date for the exclusion and the death or total and permanent disability requirement for a discharge.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-1564: Student Loan Tax Relief Act

Introduced in House

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Finance.

    Senate

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