Rural Veterinary Workforce Act

Referred to the House Committee on Ways and Means.

Bill 119 HR 2398, also known as the Veterinary Medicine Loan Repayment Program Enhancement Act, aims to amend the Internal Revenue Code of 1986 to provide an exclusion for assistance provided to participants in certain veterinary student loan repayment or forgiveness programs.

The bill specifically targets veterinary students who are struggling with student loan debt by providing them with assistance through repayment or forgiveness programs. This assistance would be excluded from taxable income, providing relief to these individuals who have chosen to pursue a career in veterinary medicine.

By excluding this assistance from taxable income, the bill aims to incentivize more individuals to enter the field of veterinary medicine and address the shortage of veterinarians in certain areas. This could ultimately lead to improved access to veterinary care for animals and better overall public health outcomes. Overall, Bill 119 HR 2398 seeks to support veterinary students in managing their student loan debt and encourage more individuals to pursue careers in veterinary medicine.