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114-hr-5617114th Congress

Underwater Student Borrowers Act

Sponsored By: Representative Pocan, Mark [D-WI-2]

Unknown

Summary

Underwater Student Borrowers Act This bill amends the Internal Revenue Code, with respect to the exclusion from gross income of income attributable to the discharge of student loan indebtedness, to: (1) include indebtedness discharged due to income-contingent and income-based repayment plans, the death or disability of the borrower, or the closing of an educational institution; and (2) revise the definition of "student loan" to mean a loan made by any lender, including a loan for the refinancing of an existing loan.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Pocan, Mark [D-WI-2]

WI • D

Cosponsors

  • RICHARD NOLAN

    MN • D

    Sponsored 7/1/2016

  • Rep. Wilson, Frederica S. [D-FL-24]

    FL • D

    Sponsored 7/1/2016

  • Rep. Grijalva, Raúl M. [D-AZ-7]

    AZ • D

    Sponsored 7/1/2016

  • Rep. Takano, Mark [D-CA-39]

    CA • D

    Sponsored 7/1/2016

  • JIM MCDERMOTT

    WA • D

    Sponsored 7/1/2016

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 7/1/2016

  • Rep. Moore, Gwen [D-WI-4]

    WI • D

    Sponsored 7/1/2016

  • Rep. Bonamici, Suzanne [D-OR-1]

    OR • D

    Sponsored 7/1/2016

  • Rep. Sarbanes, John P. [D-MD-3]

    MD • D

    Sponsored 7/1/2016

  • RUBEN HINOJOSA

    TX • D

    Sponsored 7/1/2016

  • Rep. Ellison, Keith [D-MN-5]

    MN • D

    Sponsored 7/1/2016

  • Rep. McGovern, James P. [D-MA-2]

    MA • D

    Sponsored 7/1/2016

  • Rep. DeFazio, Peter A. [D-OR-4]

    OR • D

    Sponsored 7/1/2016

  • Rep. Velázquez, Nydia M. [D-NY-7]

    NY • D

    Sponsored 7/1/2016

  • Rep. Scott, Robert C. "Bobby" [D-VA-3]

    VA • D

    Sponsored 7/1/2016

  • Rep. Boyle, Brendan F. [D-PA-2]

    PA • D

    Sponsored 7/5/2016

  • Rep. Jackson Lee, Sheila [D-TX-18]

    TX • D

    Sponsored 7/8/2016

  • CHARLES RANGEL

    NY • D

    Sponsored 7/8/2016

  • Sen. Van Hollen, Chris [D-MD]

    MD • D

    Sponsored 7/8/2016

  • Rep. McNerney, Jerry [D-CA-9]

    CA • D

    Sponsored 7/18/2016

Roll Call Votes

No roll call votes available for this bill.

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