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Nurse Corps Tax Parity Act of 2022

12/30/2022, 4:04 AM

Congressional Summary of S 3505

Nurse Corps Tax Parity Act of 2022

This bill excludes from gross income, for income tax purposes, amounts received by members of the Nurse Corps as scholarships or loan forgiveness.

Current Status of Bill S 3505

Bill S 3505 is currently in the status of Bill Introduced since January 13, 2022. Bill S 3505 was introduced during Congress 117 and was introduced to the Senate on January 13, 2022.  Bill S 3505's most recent activity was Read twice and referred to the Committee on Finance. as of January 13, 2022

Bipartisan Support of Bill S 3505

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
7
Republican Cosponsors
2
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 3505

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 3505

Nurse Corps Tax Parity Act of 2022
Nurse Corps Tax Parity Act of 2022
A bill to amend the Internal Revenue Code of 1986 to exclude certain Nurse Corps payments from gross income.

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