1947 -- Income-Based Repayment Debt Forgiveness Act | Poliscope

Income-Based Repayment Debt Forgiveness Act

1947

114th Congress

Taxation

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

August 5, 2015

Latest Action

August 5, 2015

Primary Sponsor

Jeff MerkleyDemocratic(OR)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 3,548 other S bills in the 114th — cohort avg 43d

Summary

Income-Based Repayment Debt Forgiveness Act Amends the Internal Revenue Code to exclude from gross income, for income tax purposes, income imputed from the discharge of student loan indebtedness pursuant to a federal program that provides for income contingent or income-based repayment of such loan.