To amend the Internal Revenue Code of 1986 to exclude from gross income certain Federally-subsidized loan repayments for dental school faculty.

Bill: 115-hr-6149
Sponsor: full_name: Rep. Clarke, Yvette D. [D-NY-9]
Introduced: 2018-06-19
Policy area: Taxation
Subjects: Dental care

Education programs funding

Health programs administration and funding

Income tax exclusion

Medical education

Student aid and college costs

Teaching, teachers, curricula
Latest action: action_date: 2018-06-19
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2018-06-19
action_desc: Introduced in House
text: <p>This bill amends the Internal Revenue Code to exclude from gross income payments received under the federally funded student loan repayment program for full-time faculty members of dental schools with programs in general, pediatric, or public health dentistry. </p>

tv_txt: I 115th CONGRESS 2d Session H. R. 6149 IN THE HOUSE OF REPRESENTATIVES June 19, 2018 Ms. Clarke of New York (for herself, Mr. Simpson , and Mr. Gosar ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to exclude from gross income certain Federally-subsidized loan repayments for dental school faculty.

1. Exclusion of certain Federally-subsidized loan repayments for dental school faculty (a) In general Section 108(f)(4) of the Internal Revenue Code of 1986 is amended by inserting under a loan repayment program receiving a grant or contract under section 748(a)(2) of such Act, after section 338I of such Act, . (b) Conforming amendment Section 108(f)(4) of such Code is amended by striking National Health Service Corps loan repayment program and certain State loan repayment programs in the heading thereof and inserting certain Federal and State loan repayment programs . (c) Effective date The amendments made by this section shall apply to amounts received in taxable years beginning after the date of the enactment of this Act.