3.0.0 5617 2023-01-11T13:33:29Z 2023-01-11T13:33:29Z House HR 2016-07-01 114 [Congressional Record Volume 162, Number 106 (Friday, July 1, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. POCAN:H.R. 5617.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3The Congress shall have Power . . . To regulate Commercewith foreign Nations, and among the several States, and withthe Indian Tribes.[Page H4192]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-07-01T13:01:10Z Student Loan Tax Debt Relief Act 114 2429 HR 2015-05-19 Referred to the House Committee on Ways and Means. Related bill CRS 2016-07-01 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-07-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-07-01 Introduced in House IntroReferral 1000 9 Library of Congress P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 N N000127 Rep. Nolan, Richard M. [D-MN-8] RICHARD NOLAN D MN 8 2016-07-01 True W000808 Rep. Wilson, Frederica S. [D-FL-24] Frederica Wilson D FL S. 24 2016-07-01 True G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2016-07-01 True T000472 Rep. Takano, Mark [D-CA-41] Mark Takano D CA 41 2016-07-01 True M000404 Rep. McDermott, Jim [D-WA-7] JIM MCDERMOTT D WA 7 2016-07-01 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2016-07-01 True M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2016-07-01 True B001278 Rep. Bonamici, Suzanne [D-OR-1] Suzanne Bonamici D OR 1 2016-07-01 True S001168 Rep. Sarbanes, John P. [D-MD-3] John Sarbanes D MD P. 3 2016-07-01 True H000636 Rep. Hinojosa, Ruben [D-TX-15] RUBEN HINOJOSA D TX 15 2016-07-01 True E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2016-07-01 True M000312 Rep. McGovern, James P. [D-MA-2] JAMES MCGOVERN D MA P. 2 2016-07-01 True D000191 Rep. DeFazio, Peter A. [D-OR-4] PETER DEFAZIO D OR A. 4 2016-07-01 True V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2016-07-01 True S000185 Rep. Scott, Robert C. "Bobby" [D-VA-3] Robert Scott D VA C. "Bobby" 3 2016-07-01 True B001296 Rep. Boyle, Brendan F. [D-PA-13] Brendan Boyle D PA F. 13 2016-07-05 False J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2016-07-08 False R000053 Rep. Rangel, Charles B. [D-NY-13] CHARLES RANGEL D NY B. 13 2016-07-08 False V000128 Rep. Van Hollen, Chris [D-MD-8] Chris Van Hollen D MD 8 2016-07-08 False M001166 Rep. McNerney, Jerry [D-CA-9] Jerry McNerney D CA 9 2016-07-18 False Taxation Government lending and loan guarantees Higher education Income tax exclusion Student aid and college costs Taxation 00 2016-07-01 Introduced in House 2016-08-15T15:30:19Z Underwater Student Borrowers Act

This bill amends the Internal Revenue Code, with respect to the exclusion from gross income of income attributable to the discharge of student loan indebtedness, to: (1) include indebtedness discharged due to income-contingent and income-based repayment plans, the death or disability of the borrower, or the closing of an educational institution; and (2) revise the definition of "student loan" to mean a loan made by any lender, including a loan for the refinancing of an existing loan.

]]> Underwater Student Borrowers Act Display Title Underwater Student Borrowers Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to exclude from gross income any discharge of student loan indebtedness. Introduced in House IH Short Titles as Introduced Underwater Student Borrowers Act Introduced in House 2016-07-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5617ih/xml/BILLS-114hr5617ih.xml 2016-07-01 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.