US HB4020 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 6 2014 - 25% progression, died in committee
Action: 2014-02-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 6 2014 - 25% progression, died in committee
Action: 2014-02-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Student Loan Forgiveness Tax Repayment Act of 2014 - Amends the Internal Revenue Code to allow taxpayers to include their imputed income from the discharge of student loan indebtedness due to death or disability in gross income, for income tax purposes, ratably over a 15-year period beginning with the taxable year of the discharge. Provides that any imputed income from the discharge of student loan indebtedness by reason of death or disability shall be disregarded for purposes of determining eligibility for any federal means-tested program.
Title
Student Loan Forgiveness Tax Repayment Act of 2014
Sponsors
| Rep. Chellie Pingree [D-ME] | Rep. Paul Tonko [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-02-06 | House | Referred to the House Committee on Ways and Means. |
Subjects
Accounting and auditing
Disability and paralysis
Higher education
Poverty and welfare assistance
Student aid and college costs
Tax administration and collection, taxpayers
Taxation
Disability and paralysis
Higher education
Poverty and welfare assistance
Student aid and college costs
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/4020/all-info |
| Text | https://www.congress.gov/113/bills/hr4020/BILLS-113hr4020ih.pdf |
