Bill114th CongressFiled Aug 5, 2015Taxation
S. 1947
Income-Based Repayment Debt Forgiveness Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Aug 5, 2015)
Income-Based Repayment Debt Forgiveness Act
Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, income imputed from the discharge of student loan indebtedness pursuant to a federal program that provides for income contingent or income-based repayment of such loan.
What just happenedAug 5, 2015
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Merkley, Jeff [D-OR](D-OR)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills3subjects
- Introduced in SenateAug 5, 2015
- Aug 5, 2015IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Aug 5, 2015IntroReferral10000
Introduced in Senate