,,ii  #aacth ,,congress  #b;d ,session  
,s4 #bhgh  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,september #ah1
 #bjad ,mr4 ,menendez introduced the    
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to provide an   
exclusion from income for student loan  
forgiveness for students in certain     
income-based or income-contingent       
repayment programs who have completed   
payment obligations1 and for other      
purposes4  #a4 ,short title  ,this ,act 
may be cited as the ,student ,loan ,tax 
,relief ,act4  #b4 ,certain student     
loans the repayment of which is income  
contingent or income-based  7a7 ,in     
general ,paragraph 7#a7 of section      
#ajh7;f7 of the ,internal ,revenue ,code
 of #aihf is amended by striking any    
student loan if and all that follows and
 inserting  any student loan if-- 7,a7  
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 employers1 or  7,b7 
such discharge was pursuant to section  
#dee7;e7 or section #dic;,c7b77#g7 of   
the ,higher ,education ,act of #aife    
7relating to income contingent and      
income-based repayment74  4  7b7        
,effective ,date ,the amendment made by 
subsection 7a7 shall apply to discharges
 of loans after ,december #ca1 #bjad4   
#c4 ,student loans discharged on account
 of death or disability  7a7 ,in general
 ,paragraph 7#a7 of section #ajh7;f7 of 
the ,internal ,revenue ,code of #aihf1  
as amended by section #b1 is amended by 
striking or at the end of subparagraph  
7,a71 by striking the period at the end 
of subparagraph 7,b7 and inserting 1 or1
 and by adding at the end the following 
new subparagraph3  7,c7 such discharge  
was on account of the death or total and
 permanent disability of the student4  4

  7b7 ,effective ,date ,the amendment   
made by subsection 7a7 shall apply to   
discharges of loans after ,december #ca1
 #bjad4