HR 1564 · 117th Congress · Taxation

Student Loan Tax Relief Act

Introduced 2021-03-03· Sponsored by Rep. Gomez, Jimmy [D-CA-34]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-03-03)

Plain Language Summary

[AI summary unavailable — showing source text] Student Loan Tax Relief Act This bill modifies tax provisions allowing an exclusion from gross income for income arising from discharges of student loan debt after January 31, 2020. This includes loans for postsecondary educational expenses, private education loans, and loans made by tax-exempt educational organizations. The bill eliminates the temporary expiration date for the exclusion and the death or total and permanent disability requirement for a discharge.…

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

Cosponsors (1)

1 Democrat
Rep. Pascrell, Bill, Jr. [D-NJ-9]NJ