H.R.5617 - Underwater Student Borrowers Act114th Congress (2015-2016) |
Sponsor: | Rep. Pocan, Mark [D-WI-2] (Introduced 07/01/2016) |
---|---|
Committees: | House - Ways and Means |
Latest Action: | 07/01/2016 Referred to the House Committee on Ways and Means. (All Actions) |
Tracker:
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Subject — Policy Area:
- Taxation
- View subjects
-
Summary (1)
-
Text (1)
-
Actions (2)
-
Titles (2)
-
Amendments (0)
-
Cosponsors (20)
-
Committees (1)
-
Related Bills (1)
Summary: H.R.5617 — 114th Congress (2015-2016)All Bill Information (Except Text)
There is one summary for H.R.5617. Bill summaries are authored by CRS.
Shown Here:
Introduced in House (07/01/2016)
Underwater Student Borrowers Act
This bill amends the Internal Revenue Code, with respect to the exclusion from gross income of income attributable to the discharge of student loan indebtedness, to: (1) include indebtedness discharged due to income-contingent and income-based repayment plans, the death or disability of the borrower, or the closing of an educational institution; and (2) revise the definition of "student loan" to mean a loan made by any lender, including a loan for the refinancing of an existing loan.