US SB1947 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on August 5 2015 - 25% progression, died in committee
Action: 2015-08-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 5 2015 - 25% progression, died in committee
Action: 2015-08-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Income-Based Repayment Debt Forgiveness Act
Sponsors
| Sen. Jeff Merkley [D-OR] | Sen. Ron Wyden [D-OR] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-08-05 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
SB85 (Related) 2015-01-07 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/1947/all-info |
| Text | https://www.congress.gov/114/bills/s1947/BILLS-114s1947is.pdf |
