News Column

Rep. Pocan Introduces Bill to Exclude from Gross Income Any Discharge of Student Loan Indebtedness

August 1, 2014

by ETHEL TENORIO Targeted News Service

WASHINGTON, Aug. 1 -- Rep. Mark Pocan, D-Wis., has introduced legislation (H. R. 5239) to "amend the Internal Revenue Code of 1986 to exclude from gross income any discharge of student loan indebtedness."

The bill was introduced on July 29 and has five co-sponsors. Co-sponsors include Reps. Frederica S. Wilson, D-Fla., Suzanne Bonamici, D-Ore., Juan C. Vargas, D-Calif., James P. McGovern, D-Mass., and John Sarbanes, D-Md.

The legislation was referred to the House Ways and Means Committee.

The full text of the bill is available from the Library of Congress Thomas legislative website. To access the bill, go to For more information about congressional legislation and services offered by Targeted News Service to track issues, key words or members of Congress who introduce or co-sponsor legislation, please contact or call 703/304-1897.

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Source: Targeted News Service

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