S. 1344 — A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the amount of certain cancellations of indebtedness under student loan programs.

Summary

Excludes from gross income under the Internal Revenue Code any amount of a student loan indebtedness which has been discharged, if such discharge was pursuant to a provision permitting such discharge, if such individual worked in specified professions or specified geographical regions.

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Legislative Actions

1975-03-26
Introduced in Senate
1975-03-26
Referred to Senate Committee on Finance.

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the amount of certain cancellations of indebtedness under student loan programs.

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Summary

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