Bill Sponsor
Senate Bill 487
115th Congress(2017-2018)
Veterinary Medicine Loan Repayment Program Enhancement Act
Introduced
Introduced
Introduced in Senate on Mar 1, 2017
Overview
Text
Introduced in Senate 
Mar 1, 2017
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Introduced in Senate(Mar 1, 2017)
Mar 1, 2017
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
S. 487 (Introduced-in-Senate)


115th CONGRESS
1st Session
S. 487


To amend the Internal Revenue Code of 1986 to provide for an exclusion for assistance provided to participants in certain veterinary student loan repayment or forgiveness programs.


IN THE SENATE OF THE UNITED STATES

March 1, 2017

Mr. Crapo (for himself, Ms. Stabenow, Ms. Baldwin, Mr. Bennet, Mr. Blunt, Mr. Cochran, Ms. Duckworth, Mr. Gardner, Mrs. Gillibrand, Ms. Hirono, Mr. Isakson, Mr. King, Ms. Klobuchar, Mr. Leahy, Mr. Menendez, and Mr. Risch) introduced the following bill; which was read twice and referred to the Committee on Finance


A BILL

To amend the Internal Revenue Code of 1986 to provide for an exclusion for assistance provided to participants in certain veterinary student loan repayment or forgiveness programs.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Veterinary Medicine Loan Repayment Program Enhancement Act”.

SEC. 2. Exclusion for assistance provided to participants in certain veterinary student loan repayment or forgiveness programs.

(a) In general.—Paragraph (4) of section 108(f) of the Internal Revenue Code of 1986 is amended—

(1) by striking “or” after “such Act,”,

(2) by striking the period at the end and inserting “, under section 1415A of the National Agricultural Research, Extension, and Teaching Policy Act of 1977 (7 U.S.C. 3151a), or under any other State loan repayment or loan forgiveness program that is intended to provide for increased access to veterinary services in such State.”, and

(3) by striking “state” in the heading and inserting “other”.

(b) Effective date.—The amendments made by this section shall apply to amounts received by an individual in taxable years beginning after December 31, 2016.