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Main Subject: Taxation

Student Loan Tax Relief Act

This bill modifies tax provisions allowing an exclusion from gross income for income arising from discharges of student loan debt after January 31, 2020. This includes loans for postsecondary educational expenses, private education loans, and loans made by tax-exempt educational organizations.

The bill eliminates the temporary expiration date for the exclusion and the death or total and permanent disability requirement for a discharge.

S496-117, HR1319-117,

House floor actions Actions

IntroReferral
Mar. 03 2021	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
Mar. 03 2021	Introduced in House Introduced in House

House bill HR1564-117

Student Loan Tax Relief Act

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