118 S1446 IS: Nurse Corps Tax Parity Act of 2023 U.S. Senate 2023-05-04 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.

II118th CONGRESS1st SessionS. 1446IN THE SENATE OF THE UNITED STATESMay 4, 2023Mr. Merkley (for himself, Mr. Wicker, Mrs. Murray, Mr. Boozman, Mr. Sanders, Mr. Whitehouse, Ms. Stabenow, Mr. Welch, Ms. Klobuchar, Mr. Kelly, and Mrs. Gillibrand) introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo amend the Internal Revenue Code of 1986 to exclude certain Nurse Corps payments from gross income.

1.

Short title

This Act may be cited as the Nurse Corps Tax Parity Act of 2023.

2.

Tax treatment of certain Nurse Corps payments

(a)

In general

Paragraph (4) of section 108(f) of the Internal Revenue Code of 1986 is amended by striking 338B(g) and inserting 338B(g) or 846.(b)

Qualified scholarships

Subparagraph (A) of section 117(c)(2) of the Internal Revenue Code of 1986 is amended by striking the Public Health Service Act and inserting the Public Health Service Act or the scholarship program under section 846 of such Act.(c)

Effective date

The amendments made by this section shall apply to amounts received in taxable years beginning after the date of the enactment of this Act.