S.3189: Income-Based Repayment Debt Forgiveness Act

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Bill Summary

Income-Based Repayment Debt Forgiveness Act This bill amends the Internal Revenue Code to exclude from the gross income of an individual any income that is attributable to the discharge of a federal student loan pursuant to a federal program or law that provides for income contingent or income-based repayment of the loan.

(Source: Library of Congress)

Bill Actions

Date Description
July 10, 2018
Read twice and referred to the Committee on Finance.
July 10, 2018

Introduced in the Senate by Jeff Merkley (D-Ore.)

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