Back to bills
Student Loan Tax Elimination Act — HR. 3165
Last updated: 5/1/2025 · Introduced: 5/1/2025
Author: Lloyd Smucker (R-PA)
TL;DR (AI)
- This bill eliminates the federal income tax imposed on student loan amounts discharged through various forgiveness programs.
- It removes the requirement for borrowers to recognize discharged student loan debt as taxable income.
- The changes apply to loan discharges occurring after the bill's enactment date.
Verified Votes
No verified votes yet.
Community Votes
No community votes yet. Be the first!
Voting as guest · Sign in for verified votes
Other Sections
Includes provisions on preamble, short title., and 1 more.
3 sections
Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.
Want the full experience?
Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.
Create Free Account