HR 1765 · 109th Congress · Taxation
Generating Opportunity by Forgiving Educational Debt for Service Act of 2005
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Ordered to be Reported by Voice Vote.(2005-06-16)
Plain Language Summary
[AI summary unavailable — showing source text]
Generating Opportunity by Forgiving Educational Debt for Service Act of 2005 - Amends the Internal Revenue Code to exclude from the gross income of Federal employees student loan repayments by the Federal Government on behalf of such employees. Exempts such repayments from social security taxes. Requires the Director of the Office of Personnel Management (OPM) to include in the annual report to Congress on student loan repayment benefits information identifying Federal agencies that have not provided such benefits.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 1765, Generating Opportunity by Forgiving Educational Debt for Service Act of 2005
Sep 12, 2005<p>Cost estimate for the bill as ordered reported by the House Committee on Government Reform on June 16, 2005</p>
Full CBO report ↗H.R. 1765, Generating Opportunity by Forgiving Educational Debt for Service Act of 2005
Sep 12, 2005Cost estimate for the bill as ordered reported by the House Committee on Government Reform on June 16, 2005
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (20)
12 Democrats7 Republicans1 Independent