,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #abdh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #cj1 #bjai,mr4  
,m]kley 7= himself & ,mr4 ,wyd57        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to exclude !       
dis*>ge ( c]ta9 ,f$]al /ud5t loans f !  
calculation ( gross income4  #a4 ,%ort  
title ,?is ,act may be cit$ z !         
,income-,bas$ ,repaym5t ,debt ,=giv5ess 
,act4  #b4 ,=giv5ess ( c]ta9 ,f$]al     
/ud5t loans exclud$ f income tax  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+ 8any /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
 9 ! case ( a loan made by ! ,unit$     
,/ates or an in/rum5tality or ag5cy     

!re(1 su* dis*>ge 0 pursuant to any     
,f$]al program or provision ( ,f$]al law
 :i* provides = income cont+5t or       
income-bas$ repaym5t ( su* loan4  4  7b7
 ,effective ,date ,! am5dm5t made by    
subsection 7a7 %all apply to dis*>ges ( 
loans t occur on or aft] ,july #a1      
#bjbj4