[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1522 Introduced in House (IH)]
108th CONGRESS
1st Session
H. R. 1522
To amend the Internal Revenue Code of 1986 to exclude from gross income
loan payments received under the National Health Service Corps Loan
Repayment Program established in the Public Health Service Act.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 31, 2003
Mr. Nethercutt 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 exclude from gross income
loan payments received under the National Health Service Corps Loan
Repayment Program established in the Public Health Service Act.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. INTERNAL REVENUE CODE OF 1986; EXCLUSION FOR LOAN PAYMENTS
UNDER NATIONAL HEALTH SERVICE CORPS LOAN REPAYMENT
PROGRAM.
(a) In General.--Section 117 of the Internal Revenue Code of 1986
is amended by adding at the end the following new subsection:
``(e) Loan Payments Under National Health Service Corps Loan
Repayment Program.--Gross income shall not include any amount received
under section 338B(g) of the Public Health Service Act.''
(b) Effective Date.--The amendment made by subsection (a) shall
apply to amounts received by an individual in taxable years beginning
after December 31, 2002.
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Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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