Urges Congress to amend tax code to exclude all forms of discharged student loans from federal income tax.

The bill urges Congress to amend the tax code to exclude all forms of discharged student loans from federal income tax. Currently, only certain forms of discharged student loans are exempt from federal income tax, such as those forgiven through specific programs for teachers and public service employees. The bill aims to make all discharged student loans exempt from federal income tax, providing broader relief to borrowers.

Urges Congress to amend tax code to exclude all forms of discharged student loans from federal income tax.

The bill urges Congress to amend the tax code to exclude all forms of discharged student loans from federal income tax. Currently, only certain forms of discharged student loans are exempt from federal income tax, such as those forgiven through specific programs for teachers and public service employees. The bill aims to make all discharged student loans exempt from federal income tax, providing broader relief to borrowers.