[Congressional Record Volume 162, Number 99 (Tuesday, June 21, 2016)]
[Senate]
[Page S4417]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 4798. Mr. PORTMAN submitted an amendment intended to be proposed
to amendment SA 4685 proposed by Mr. Shelby (for himself and Ms.
Mikulski) to the bill H.R. 2578, making appropriations for the
Departments of Commerce and Justice, Science, and Related Agencies for
the fiscal year ending September 30, 2016, and for other purposes;
which was ordered to lie on the table; as follows:
On page 68, between lines 20 and 21, insert the following:
Sec. 218. (a) In General.--
None of the funds made available in this Act may be used by
the Tax Division of the Department of Justice to investigate,
litigate, or pursue any other tax enforcement action against
any person found to be delinquent in paying a tax on any
amount income which would be includible in gross income by
reasons of the discharge (in whole or in part) of any loan
described in the subsection (b) if such discharge was --
(1) pursuant to subsection (a) or (d) of section 437 of the
Higher Education Act of 1965 or the parallel benefit under
part D of title IV of such Act (relating to the repayment of
loan liability),
(2) pursuant to section 464(c)(1)(F) of such Act, or
(3) otherwise discharged on account of the death or total
and permanent disability of the student.
(b) Loans Described.--A loan is described in this
subsection if such loan is--
(1) a student loan (as defined in section 108(f)(2) of the
Internal Revenue Code of 1986), or
(2) a private education loan (as defined in section 140(7)
of the Consumer Credit Protection Act (15 U.S.C. 1650(7))).
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