S.Amdt. 2528

SA 2528. Mr. REID submitted an amendment intended to be proposed by him to the bill S. 1197, to authorize appropriations for fiscal year 2014 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle D of title V, add the following:

SEC. __. EXCLUSION OF DISCHARGE OF STUDENT LOANS FOR VETERANS WITH SERVICE-CONNECTED CONDITIONS.

(a) In General.--Paragraph (1) of section 108(f) of the Internal Revenue Code of 1986 is amended by striking “discharge (in whole or in part) of” and all that follows and inserting “discharge (in whole or in part) of--

“(A) any student loan if such discharge was pursuant to a provision of such loan under which all or part of the indebtedness of the individual would be discharged if the individual worked for a certain period of time in certain professions for any of a broad class of employers,

“(B) any loan made, insured, or guaranteed under part B or D of title IV of the Higher Education Act of 1965, if such discharge was pursuant section 437(a) of such Act and due to a determination by the Secretary of Veterans Affairs that the borrower is unemployable due to a service-connected condition,

“(C) any loan made, insured, or guaranteed under part E of title IV of the Higher Education Act of 1965, if such discharge was pursuant to section 464(c)(1)(F)(iv) of such Act, or

“(D) any obligation arising under subpart 9 of part A of title IV of the Higher Education Act of 1965, if such discharge was pursuant to section 420N(d)(2) of such Act and due to a determination by the Secretary of Veterans Affairs that the borrower is unemployable due to a service-connected condition.”.

(b) Effective Date.--The amendment made by this section shall apply to discharges of loans after December 31, 2013.