Underwater Student Borrowers Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 1, 2016)
Underwater Student Borrowers Act
This bill amends the Internal Revenue Code, with respect to the exclusion from gross income of income attributable to the discharge of student loan indebtedness, to: (1) include indebtedness discharged due to income-contingent and income-based repayment plans, the death or disability of the borrower, or the closing of an educational institution; and (2) revise the definition of "student loan" to mean a loan made by any lender, including a loan for the refinancing of an existing loan.
What just happenedJul 1, 2016
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseJul 1, 2016
- Jul 1, 2016IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 1, 2016IntroReferralIntro-H
Introduced in House
- Jul 1, 2016IntroReferral1000
Introduced in House