Rural Veterinary Workforce Act

This bill, titled the "Rural Veterinary Workforce Act," proposes to amend the Internal Revenue Code of 1986 to provide a significant tax exclusion for veterinarians. Specifically, it would exclude from an individual's gross income any assistance received from certain veterinary student loan repayment or forgiveness programs. The exclusion would apply to benefits from the federal Veterinary Medicine Loan Repayment Program (VMLRP) and any State loan repayment or forgiveness program designed to enhance access to veterinary services within that state. By making these loan repayment benefits tax-free, the bill aims to encourage more veterinarians to serve in areas with critical shortages, particularly in rural communities. These amendments would take effect for amounts received in taxable years beginning after December 31, 2025.