,,ii  #aac? ,,congress  #b;d ,session   
,s4 #bhgh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #ah1 #bjad   
,mr4 ,m55dez introduc$ ! foll[+ bill2   
:i* 0 read twice & ref]r$ to !          
,committee on ,f9ance  ,a ,,bill  ,to   
am5d ! ,int]nal ,rev5ue ,code ( #aihf to
 provide an exclusion f income = /ud5t  
loan =giv5ess = /ud5ts 9 c]ta9          
income-bas$ or income-cont+5t repaym5t  
programs :o h complet$ paym5t           
obligations1 & = o!r purposes4  #a4     
,%ort title  ,?is ,act may be cit$ z !  
,/ud5t ,loan ,tax ,relief ,act4  #b4    
,c]ta9 /ud5t loans ! repaym5t ( :i* is  
income cont+5t or income-bas$  7a7 ,9   
g5]al ,p>agraph 7#a7 ( section #ajh7;f7 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$ by /rik+ any /ud5t loan if & all t
 foll[s & ins]t+  any /ud5t loan if--   
7,a7 su* dis*>ge 0 pursuant to a        
provision ( su* loan "u :i* all or "p ( 
! indebt$ness ( ! individual w\ld be    
dis*>g$ if ! individual work$ = a c]ta9 
p]iod ( "t 9 c]ta9 pr(essions = any ( a 

broad class ( employ]s1 or  7,b7 su*    
dis*>ge 0 pursuant to section #dee7;e7  
or section #dic;,c7b77#g7 ( ! ,high]    
,education ,act ( #aife 7relat+ to      
income cont+5t & income-bas$ repaym5t74 
4  7b7 ,effective ,date ,! am5dm5t made 
by subsection 7a7 %all apply to dis*>ges
 ( loans aft] ,decemb] #ca1 #bjad4  #c4 
,/ud5t loans dis*>g$ on acc\nt ( dea? or
 disability  7a7 ,9 g5]al ,p>agraph 7#a7
 ( section #ajh7;f7 ( ! ,int]nal ,rev5ue
 ,code ( #aihf1 z am5d$ by section #b1  
is am5d$ by /rik+ or at ! end (         
subp>agraph 7,a71 by /rik+ ! p]iod at ! 
end ( subp>agraph 7,b7 & ins]t+ 1 or1 & 
by add+ at ! end ! foll[+ new           
subp>agraph3  7,c7 su* dis*>ge 0 on     
acc\nt ( ! dea? or total & p]man5t      
disability ( ! /ud5t4  4  7b7 ,effective
 ,date ,! am5dm5t made by subsection 7a7
 %all apply to dis*>ges ( loans aft]    
,decemb] #ca1 #bjad4