Sign Up
HR 1683 United States House · 117th Congress

To amend the Internal Revenue Code of 1986 to exclude certain student loan forgiveness from gross income.

Summary
This bill modifies the tax treatment of income attributable to the forgiveness of certain student loan indebtedness incurred between 2021 and 2026. It excludes from student gross income, for income tax purposes, income from the discharge of student loans for postsecondary education expenses, private education loans, and loans from certain tax-exempt educational organizations.
Issues: ✓ Budget & TaxesSupports Budget & TaxesExcludes student loan forgiveness from taxable income, providing tax relief for borrowers without increasing tax burden on middle/lower income earners.95% confidence ✓ EducationSupports EducationExcludes student loan forgiveness from taxable income, reducing financial barriers to higher education access and supporting borrowers post-graduation.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
President
Introduced Mar 9, 2021 Last action Mar 9, 2021
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Mar 9, 2021
Committee
Referred to the House Committee on Ways and Means.
lower
Mar 9, 2021
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Danny K. Davis
Danny K. Davis
DDemocratic
IL
7