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H.R. 1564

Student Loan Tax Relief Act

Student Loan Tax Relief Act

This bill modifies tax provisions allowing an exclusion from gross income for income arising from discharges of student loan debt after January 31, 2020. This includes loans for postsecondary educational expenses, private education loans, and loans made by tax-exempt educational organizations.

The bill eliminates the temporary expiration date for the exclusion and the death or total and permanent disability requirement for a discharge.

Referred to the House Committee on Ways and Means.

Rep. Gomez, Jimmy [D-CA-34](D-CA)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions2related bills4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Student Loan Tax Relief Act — Informed