Veterinary Medicine Loan Repayment Program Enhancement Act

12/31/2022, 5:26 AM

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.

Congress
117
Number
S - 2215
Introduced on
2021-06-24
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

6/24/2021
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

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.

Alternative Names
Official Title as IntroducedA 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.
Policy Areas
Taxation
Potential Impact
Health care coverage and access•
Income tax exclusion•
Medical education•
Student aid and college costs•
Veterinary medicine and animal diseases

Comments

Related

Member:  Kirsten E. Gillibrand
Bill Update Alert:  Veterinary Medicine Loan Repayment Program Enhancement Act

Recent Activity

Latest Summary8/2/2021

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 progr...

Latest Action6/24/2021
Read twice and referred to the Committee on Finance.