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Veterinary Medicine Loan Repayment Program Enhancement Act

12/31/2022, 5:26 AM

Congressional Summary of S 2215

Veterinary Medicine Loan Repayment Program Enhancement Act

This bill modifies the requirements for calculating taxable income to exclude from gross income payments under the federal veterinary medicine loan repayment program or any state loan repayment or forgiveness program that is intended to provide for increased access to veterinary services in such state.

Current Status of Bill S 2215

Bill S 2215 is currently in the status of Bill Introduced since June 24, 2021. Bill S 2215 was introduced during Congress 117 and was introduced to the Senate on June 24, 2021.  Bill S 2215's most recent activity was Read twice and referred to the Committee on Finance. as of June 24, 2021

Bipartisan Support of Bill S 2215

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
21
Democrat Cosponsors
11
Republican Cosponsors
9
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 2215

Primary Policy Focus

Taxation

Potential Impact Areas

- Health care coverage and access
- Income tax exclusion
- Medical education
- Student aid and college costs
- Veterinary medicine and animal diseases

Alternate Title(s) of Bill S 2215

A bill to amend the Internal Revenue Code of 1986 to provide for an exclusion for assistance provided to participants in certain veterinary student loan repayment or forgiveness programs.
Veterinary Medicine Loan Repayment Program Enhancement Act
Veterinary Medicine Loan Repayment Program Enhancement Act

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