HR 1056 · 108th Congress · Taxation

Generating Opportunity by Forgiving Educational Debt for Service Act of 2003

Introduced 2003-03-04· Sponsored by Rep. Davis, Tom [R-VA-11]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-03-04)

Plain Language Summary

[AI summary unavailable — showing source text] Generating Opportunity by Forgiving Educational Debt for Service Act of 2003 - Amends the Internal Revenue Code and the Social Security Act to exclude: (1) from the gross income of a Federal employee amounts the Federal Government repays on the employee's student loans; and (2) such payments from counting as wages for the calculation of Social Security taxes.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

15 Democrats5 Republicans
Rep. Burton, Dan [R-IN-5]IN
Rep. Waxman, Henry A. [D-CA-30]CA
Rep. McHugh, John M. [R-NY-23]NY
Rep. Tierney, John F. [D-MA-6]MA
Rep. Hoyer, Steny H. [D-MD-5]MD
Rep. Lewis, Ron [R-KY-2]KY
Rep. Davis, Danny K. [D-IL-7]IL
Del. Norton, Eleanor Holmes [D-DC-At Large]DC
Rep. Moran, James P. [D-VA-8]VA
Rep. Wolf, Frank R. [R-VA-10]VA
Rep. Rush, Bobby L. [D-IL-1]IL
Rep. Terry, Lee [R-NE-2]NE
Rep. Cummings, Elijah E. [D-MD-7]MD
Rep. Owens, Major R. [D-NY-11]NY
Rep. Allen, Thomas H. [D-ME-1]ME
Rep. DeLauro, Rosa L. [D-CT-3]CT
Rep. Farr, Sam [D-CA-17]CA
Rep. Frank, Barney [D-MA-4]MA
Rep. Frost, Martin [D-TX-24]TX
Rep. Markey, Edward J. [D-MA-7]MA