Provides tax exclusion for assistance to veterinary students in loan repayment or forgiveness programs.
The Rural Veterinary Workforce Act amends the Internal Revenue Code to exclude from gross income assistance provided to participants in certain veterinary student loan repayment or forgiveness programs. This applies to programs under the National Agricultural Research, Extension, and Teaching Policy Act or any state program aimed at increasing access to veterinary services. The changes take effect for taxable years beginning after December 31, 2025.
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