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H.R. 5204

Stop Taxing Death and Disability Act

Stop Taxing Death and Disability Act

(Sec. 2) This bill amends the Internal Revenue Code to exclude from the gross income of an individual the discharge of student loans or private education loans due to the death or disability of the student.

The bill also amends the Higher Education Act of 1965 to require the Department of Education (ED) to discharge the liability on loans that parents received on behalf of a student who: (1) has become permanently and totally disabled, or (2) is unable to engage in any substantial gainful activity due to a physical or mental impairment that can be expected to result in death or has lasted or is expected to last continuously for at least 60 months. (Under current law, ED is required to discharge the loans to parents if the student dies.)

Placed on the Union Calendar, Calendar No. 674.

Rep. Roskam, Peter J. [R-IL-6](R-IL)Sponsor
17 cosponsors8 D9 R
17cosponsors2committees13actions1related bills4subjects
  1. CalendarsH12410

    Placed on the Union Calendar, Calendar No. 674.

  2. DischargeH12300

    Committee on Education and the Workforce discharged.

    Education and the Workforce Committee
  3. Committee5500

    Committee on Education and the Workforce discharged.

    Education and the Workforce Committee
  4. CommitteeH12200

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-861, Part I.

    Ways and Means Committee
  5. Committee5000

    Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-861, Part I.

    Ways and Means Committee
  6. Committee

    Ordered to be Reported (Amended) by Voice Vote.

    Ways and Means Committee
  7. Committee

    Committee Consideration and Mark-up Session Held.

    Ways and Means Committee
  8. Committee

    Referred to the Subcommittee on Higher Education and Workforce Training.

    Higher Education and Workforce Development Subcomittee
  9. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Education and the Workforce Committee
  10. IntroReferralH11100-A

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  11. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Ways and Means Committee
  12. IntroReferralIntro-H

    Introduced in House

  13. IntroReferral1000

    Introduced in House

Dec 8, 201618

Stop Taxing Death and Disability Act

(Sec. 2) This bill amends the Internal Revenue Code to exclude from the gross income of an individual the discharge of student loans or private education loans due to the death or disability of the student.

The bill also amends the Higher Education Act of 1965 to require the Department of Education (ED) to discharge the liability on loans that parents received on behalf of a student who: (1) has become permanently and totally disabled, or (2) is unable to engage in any substantial gainful activity due to a physical or mental impairment that can be expected to result in death or has lasted or is expected to last continuously for at least 60 months. (Under current law, ED is required to discharge the loans to parents if the student dies.)

May 12, 2016

Stop Taxing Death and Disability Act

This bill amends the Internal Revenue Code to exclude from the gross income of an individual the discharge of student loans or private education loans due to the death or disability of the student.

The bill also amends the Higher Education Act of 1965 to require the Department of Education (ED) to discharge the liability on loans that parents received on behalf of a student who: (1) has become permanently and totally disabled, or (2) is unable to engage in any substantial gainful activity due to a physical or mental impairment that can be expected to result in death or has lasted or is expected to last continuously for at least 60 months. (Under current law, ED is required to discharge the loans to parents if the student dies.)

Stop Taxing Death and Disability Act — Informed