Bill116th CongressFiled Apr 30, 2019Taxation
S. 1248
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 (Apr 30, 2019)
Income-Based Repayment Debt Forgiveness Act
This bill modifies the requirements for calculating taxable income to exclude from the gross income of an individual any income that is attributable to the discharge of a federal student loan pursuant to a federal program or law that provides for income contingent or income-based repayment of the loan.
What just happenedApr 30, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Merkley, Jeff [D-OR](D-OR)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions3subjects
- Introduced in SenateApr 30, 2019
- Apr 30, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Apr 30, 2019IntroReferral10000
Introduced in Senate