Nurse Corps Tax Parity Act of 2023

The Nurse Corps Tax Parity Act of 2023 ensures that scholarship payments received by nurses under the Nurse Corps program (specifically, section 846 of the Public Health Service Act) are treated as tax-exempt, matching the tax treatment of other similar scholarship programs. This change directly affects nurses who receive these scholarships, preventing them from being taxed on these payments. The bill amends two sections of the Internal Revenue Code to include this scholarship program within the existing tax-exempt category for qualified scholarships. The new tax treatment applies to payments received in taxable years beginning after the law's enactment.