[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 3807 Introduced in Senate (IS)]

<DOC>






118th CONGRESS
  2d Session
                                S. 3807

To amend the Food and Nutrition Act of 2008 to allow for deductions of 
                   student loan payments from income.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           February 27, 2024

 Mr. Welch (for himself, Ms. Duckworth, Mrs. Shaheen, Mr. Booker, Mr. 
  Padilla, Mr. Sanders, Mr. Wyden, and Mr. Blumenthal) introduced the 
 following bill; which was read twice and referred to the Committee on 
                  Agriculture, Nutrition, and Forestry

_______________________________________________________________________

                                 A BILL


 
To amend the Food and Nutrition Act of 2008 to allow for deductions of 
                   student loan payments from income.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Student Loan Deduction Act of 
2024''.

SEC. 2. DEDUCTION FOR STUDENT LOAN PAYMENTS.

    Section 5(e) of the Food and Nutrition Act of 2008 (7 U.S.C. 
2014(e)) is amended by adding at the end the following:
            ``(7) Deduction for student loan payments.--
                    ``(A) Definition of student loan.--In this 
                paragraph, the term `student loan' means any of the 
                following:
                            ``(i) A loan that is made, insured, or 
                        guaranteed under title IV of the Higher 
                        Education Act of 1965 (20 U.S.C. 1070 et seq.).
                            ``(ii) A private education loan (as defined 
                        in section 140(a) of the Truth in Lending Act 
                        (15 U.S.C. 1650(a))).
                    ``(B) Deduction.--Beginning 180 days after the date 
                of enactment of this paragraph, a household shall be 
                entitled, at certification or recertification, as 
                applicable, with respect to expenses other than 
                expenses paid on behalf of the household by a third 
                party, to a deduction for the amount of monthly 
                payments made by a household member on a student loan 
                of that household member or any other household 
                member.''.
                                 <all>