HR 2363 · 110th Congress · Taxation
Generating Opportunity by Forgiving Educational Debt for Service Act of 2007
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Sponsor introductory remarks on measure. (CR H5627)(2007-05-23)
Plain Language Summary
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Generating Opportunity by Forgiving Educational Debt for Service Act of 2007 - Amends the Internal Revenue Code to exclude from gross income student loan repayments by the federal government on behalf of federal employees and members of the Armed Forces on active duty. Exempts such repayments from social security taxes.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (17)
9 Democrats8 Republicans