,,ii  #aaeth ,,congress  #ast ,session  
,s4 #dje  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,february #af1      
#bjag,mr4 ,coons 7for himself1 ,mr4     
,king1 ,mr4 ,portman1 ,ms4 ,stabenow1   
,mr4 ,isakson1 ,mr4 ,blumenthal1 ,mr4   
,hoeven1 ,mr4 ,carper1 ,mr4 ,gardner1   
,mr4 ,kaine1 ,mrs4 ,feinstein1 ,mrs4    
,murray1 and ,ms4 ,collins7 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 and   
the ,higher ,education ,act of #aife to 
provide an exclusion from income for    
student loan forgiveness for students   
who have died or become disabled4  #a4  
,short title ,this ,act may be cited as 
the ,stop ,taxing ,death and ,disability
 ,act4  #b4 ,treatment of student loans 
discharged on account of death or       
disability  7a7 ,amendments to ,internal
 ,revenue ,code of #aihf  7#a7 ,in      
general ,section #ajh7;f7 of the        
,internal ,revenue ,code of #aihf is    

amended by adding at the end the        
following new paragraph3  7#e7          
,discharges on account of death or      
disability  7,a7 ,in general ,in the    
case of an individual1 gross income does
 not include any amount which 7but for  
this subsection7 would be includible in 
gross income by reasons of the discharge
 7in whole or in part7 of any loan      
described in subparagraph 7,b7 if such  
discharge was--  7i7 pursuant to        
subsection 7a7 or 7d7 of section #dcg of
 the ,higher ,education ,act of #aife or
 the parallel benefit under part ,d of  
title ,,iv of such ,act 7relating to the
 repayment of loan liability71  7ii7    
pursuant to section #dfd7;c77#a77;,f7 of
 such ,act1 or  7iii7 otherwise         
discharged on account of the death or   
total and permanent disability of the   
student4  7,b7 ,loans described ,a loan 
is described in this subparagraph if    
such loan is-- 7i7 a student loan 7as   
defined in paragraph 7#b771 or  7ii7 a  
private education loan 7as defined in   

section #adj7g7 of the ,consumer ,credit
 ,protection ,act 7#ae ,u4,s4,c4        
#afej7g7774  4  7#b7 ,effective date    
,the amendment made by this section     
shall apply to discharges of            
indebtedness after ,december #ca1 #bjaf4
  7b7 ,amendment to the ,higher         
,education ,act of #aife ,section       
#dcg7;d7 of the ,higher ,education ,act 
of #aife 7#bj ,u4,s4,c4 #ajhg7;d77 is   
amended by inserting or becomes         
permanently and totally disabled 7as    
determined in accordance with           
regulations of the ,secretary71 or if   
the student is unable to engage in any  
substantial gainful activity by reason  
of any medically determinable physical  
or mental impairment that can be        
expected to result in death1 has lasted 
for a continuous period of not less than
 #fj months1 or can be expected to last 
for a continuous period of not less than
 #fj months after dies4