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

This New Jersey Senate resolution (SR 46) urges Congress to permanently change the tax code so that all forgiven student loans - such as those canceled through income-driven repayment plans, public service programs (like Teacher Loan Forgiveness), or death/disability - no longer count as taxable income. Currently, most discharged loans are subject to federal income tax, while limited exceptions (e.g., public service forgiveness or death/disability loans forgiven between 2017-2026) are not. The resolution seeks to eliminate these inconsistencies by making all discharged student loan amounts tax-exempt permanently. As a non-binding resolution, it does not change the law but requests Congress take action.