To amend the Internal Revenue Code of 1986 to exclude certain health professions education scholarship and loan payments from gross income.

Bill 119 HR 593, also known as the Health Professions Tax Relief Act, aims to make changes to the Internal Revenue Code of 1986. Specifically, this bill seeks to exclude certain health professions education scholarship and loan payments from being counted as gross income.

The bill is designed to provide tax relief to individuals in the health professions who have received scholarships or loan payments for their education. By excluding these payments from gross income, individuals in these professions will not be taxed on this financial assistance, providing them with some relief from their tax burden.

This legislation is important as it aims to support and incentivize individuals to pursue careers in the health professions by making it easier for them to manage their student loan debt and other educational expenses. By excluding these payments from gross income, individuals in these professions may be more likely to pursue further education and training, ultimately benefiting the healthcare system as a whole. Overall, Bill 119 HR 593 seeks to provide tax relief to individuals in the health professions and support the growth and development of the healthcare workforce in the United States.