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- H.R.1056
H.R.1056: Generating Opportunity by Forgiving Educational Debt for Service Act of 2003
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced March 4, 2003
- Latest Major Action March 4, 2003
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
35 (27 Democrats, 1 Independent Democrat, 8 Republicans)
Bill Summary
Generating Opportunity by Forgiving Educational Debt for Service Act of 2003 - Amends the Internal Revenue Code and the Social Security Act to exclude: (1) from the gross income of a Federal employee amounts the Federal Government repays on the employee's student loans; and (2) such payments from counting as wages for the calculation of Social Security taxes.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Ways and Means.
|
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March 4, 2003 |
Introduced in the House by Thomas M. Davis (R-Va.) |