IN THE SENATE OF THE UNITED STATES
March 1, 2017
Mr. Crapo (for himself, Ms. Stabenow, Ms. Baldwin, Mr. Bennet, Mr. Blunt, Mr. Cochran, Ms. Duckworth, Mr. Gardner, Mrs. Gillibrand, Ms. Hirono, Mr. Isakson, Mr. King, Ms. Klobuchar, Mr. Leahy, Mr. Menendez, and Mr. Risch) introduced the following bill; which was read twice and referred to the Committee on Finance
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.
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
Paragraph (4) of section 108(f) of the Internal Revenue Code of 1986 is amended—
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
state in the heading and inserting
The amendments made by this section shall apply to amounts received by an individual in taxable years beginning after December 31, 2016.