I
113th CONGRESS
1st Session
H. R. 1125
IN THE HOUSE OF REPRESENTATIVES
March 13, 2013
Mr. Schrader 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 provide for an exclusion for assistance provided to participants in certain veterinary student loan repayment or forgiveness programs.
Short title
This Act may be cited as the
Veterinary Medicine Loan Repayment
Program Enhancement Act
.
Exclusion for assistance provided to participants in certain veterinary student loan repayment or forgiveness programs
In general
Paragraph (4) of section 108(f) of the Internal Revenue Code of 1986 is amended—
by striking
or
after such Act,
,
by striking the
period at the end and inserting , under section 1415A of the National
Agricultural Research, Extension, and Teaching Policy Act of 1977 (7 U.S.C.
3151a), or under any other State loan repayment or loan forgiveness program
that is intended to provide for increased access to veterinary services in such
State.
, and
by striking
state
in the heading and inserting
other
.
Effective date
The amendments made by this section shall apply to amounts received by an individual in taxable years beginning after December 31, 2012.