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- S.1255
S.1255: Generating Opportunity by Forgiving Educational Debt for Service Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced June 16, 2005
- Latest Major Action June 16, 2005
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (2 Democrats, 3 Republicans)
Bill Summary
Generating Opportunity by Forgiving Educational Debt for Service Act of 2005 - Amends the Internal Revenue Code to exclude from gross income student loan repayments by the federal government on behalf of federal employees and members of the Armed Forces on active duty. Exempts such repayments from social security taxes.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| June 16, 2005 |
Introduced in the Senate by George V. Voinovich (R-Ohio) |