3.0.0 496 2023-03-08T20:12:35Z 2023-03-08T20:12:35Z Senate S 2021-03-01 117 ssfi00 Finance Committee Senate Standing Referred to 2021-03-01T22:57:29Z American Rescue Plan Act of 2021 117 1319 HR 2021-03-11 Became Public Law No: 117-2. Related bill CRS Student Loan Tax Relief Act 117 1564 HR 2021-03-03 Referred to the House Committee on Ways and Means. Identical bill CRS 2021-03-01 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-03-01 Introduced in Senate IntroReferral 10000 9 Library of Congress M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ N W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2021-03-01 True M001111 Sen. Murray, Patty [D-WA] Patty Murray D WA 2021-03-03 False Taxation Government lending and loan guarantees Higher education Income tax exclusion Student aid and college costs Taxation 00 2021-03-01 Introduced in Senate 2021-04-06T15:24:25Z 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.

]]> Student Loan Tax Relief Act Display Title Student Loan Tax Relief Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to exclude from taxable income any student loan forgiveness or discharge. Introduced in Senate IS Short Title(s) as Introduced Student Loan Tax Relief Act Introduced in Senate IS Introduced in Senate 2021-03-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s496is/xml/BILLS-117s496is.xml 2021-03-01 Read twice and referred to the Committee on Finance. 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.