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- S.1248
S.1248: Income-Based Repayment Debt Forgiveness Act
About This Bill
- Introduced April 30, 2019
- Latest Major Action April 30, 2019
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - April 30, 2019
Bill Summary
Income-Based Repayment Debt Forgiveness Act This bill modifies the requirements for calculating taxable income 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 |
---|---|
April 30, 2019 |
Read twice and referred to the Committee on Finance.
|
April 30, 2019 |
Introduced in the Senate by Jeff Merkley (D-Ore.) |