S. 1947 · 114th Congress
Income-Based Repayment Debt Forgiveness Act
- Stage
- In committee
- Sponsor
- Jeff Merkley
- Introduced
- 2015-08-05
- Latest action
- 2015-08-05 · Introduced in Senate
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.