,,ii  #aafth ,,congress  #ast ,session  
,s4 #abdh  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,april #cj1    
#bjai,mr4 ,merkley 7for himself and ,mr4
 ,wyden7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,finance  ,a ,,bill  ,to 
exclude the discharge of certain        
,federal student loans from the         
calculation of gross income4  #a4 ,short
 title ,this ,act may be cited as the   
,income-,based ,repayment ,debt         
,forgiveness ,act4  #b4 ,forgiveness of 
certain ,federal student loans excluded 
from income tax  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 8any
 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 in the case of a    
loan made by the ,united ,states or an  
instrumentality or agency thereof1 such 
discharge was pursuant to any ,federal  
program or provision of ,federal law    
which provides for income contingent or 
income-based repayment of such loan4  4 
7b7 ,effective ,date ,the amendment made
 by subsection 7a7 shall apply to       
discharges of loans that occur on or    
after ,july #a1 #bjbj4