,,ii  #aad? ,,congress  #b;d ,session   
,s4 #cjjh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #bf1 #bjaf,ms4    
,/ab5[ 7= h]self1 ,mrs4 ,%ahe51 ,mr4    
,re$1 ,ms4 ,baldw91 ,mr4 ,coons1 ,mr4   
,pet]s1 ,mrs4 ,fe9/e91 & ,mr4 ,m]kley7  
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to exclude f gross
 income c]ta9 dis*>ges ( /ud5t loan     
indebt$ness4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,/ud5t ,tax ,relief     
,act4  #b4 ,exclusion f gross income (  
dis*>ges ( /ud5t loan indebt$ness  7a7  
,9 g5]al ,section #ajh7;f7 ( ! ,int]nal 
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new p>agraph3  7#e7   
,dis*>ges 9 connection ) /ud5t loan     
indebt$ness  ,gross income %all n       
include-- 7,a7 any am\nt ( a /ud5t loan 
dis*>g$ 9 :ole or 9 "p by reason ( a    
def5se ass]t$ pursuant to section       
#dee7;h7 ( ! ,high] ,education ,act (   
#aife 7#bj ,u4,s4,c4 #ajhg;e7h771 or    

7,b7 any am\nt :i* 7b = ?is subp>agraph7
 w\ld be includible 9 gross income by   
reason ( ! dis*>ge 79 :ole or 9 "p7 ( a 
loan to assi/ ! att5dance at an         
in/itution ( high] le>n+ if su* dis*>ge 
0 pursuant to an agreem5t ) ! ,consum]  
,f9ancial ,protection ,bureau or any o!r
 ,f$]al ag5cy 9 connection ) ! closure  
7or o!r ag5cy action7 relat+ to su*     
in/itution or successor in/itution4  4  
7b7 ,effective date  ,! am5dm5t made by 
subsection 7a7 %all apply ) respect to  
any =giv5ess ( indebt$ness aft] ,june   
#ab1 #bjad4