Iowa SF2460 establishes a rural veterinarian loan repayment program, allowing recipients to exclude certain income from taxes.

Iowa SF2460 creates a rural veterinarian loan repayment program, administered by the college student aid commission. It provides for the repayment of student loans for individuals in the final year of veterinary school or licensed veterinarians who received their degree within five years. Recipients must practice veterinary medicine for four consecutive years in a rural area. The bill allows recipients to exclude up to $15,000 per tax year and $60,000 in total from their taxable income, subject to certain conditions.

Iowa SF2460 establishes a rural veterinarian loan repayment program, allowing recipients to exclude certain income from taxes.

Iowa SF2460 creates a rural veterinarian loan repayment program, administered by the college student aid commission. It provides for the repayment of student loans for individuals in the final year of veterinary school or licensed veterinarians who received their degree within five years. Recipients must practice veterinary medicine for four consecutive years in a rural area. The bill allows recipients to exclude up to $15,000 per tax year and $60,000 in total from their taxable income, subject to certain conditions.