Student Loan Tax Relief Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 3967 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 3967 To amend the Internal Revenue Code of 1986 to make permanent the exclusion from taxable income of any student loan forgiveness or discharge. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 9, 2023 Mr. Gomez (for himself and Mr. Pascrell) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to make permanent the exclusion from taxable income of any student loan forgiveness or discharge. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Student Loan Tax Relief Act''. SEC. 2. MODIFICATION OF TREATMENT OF STUDENT LOAN FORGIVENESS. (a) In General.--Section 108(f) of the Internal Revenue Code of 1986 is amended-- (1) by amending paragraph (1) to read as follows: ``(1) In general.--In the case of …