<?xml version="1.0" encoding="UTF-8"?><BillSummaries>
<item congress="117" measure-type="hr" measure-number="1683" measure-id="id117hr1683" originChamber="HOUSE" orig-publish-date="2021-03-09" update-date="2021-05-05">
<title>To amend the Internal Revenue Code of 1986 to exclude certain student loan forgiveness from gross income.</title>
<summary summary-id="id117hr1683v00" currentChamber="HOUSE" update-date="2021-05-05">
<action-date>2021-03-09</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p>This bill modifies the tax treatment of income attributable to the forgiveness of certain student loan indebtedness incurred between 2021 and 2026. It excludes from student gross income, for income tax purposes, income from the discharge of student loans for postsecondary education expenses, private education loans, and loans from certain tax-exempt educational organizations.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries 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.</dc:description>
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</BillSummaries>
