HB 1361 IN
Exclusion of discharged student loans as income.
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Summary
Provides that the Indiana adjusted gross income add back of forgiven federal student loan debt that is excluded under the Internal Revenue Code applies only to the 2021 taxable year and does not apply to forgiven federal student loan debt forgiven in subsequent taxable years.
Sponsor (1)
- Gregory Porter Democratic · author
Action history (2)
- Jan 13, 2025 Authored by Representative Porter · lower
- Jan 13, 2025 First reading: referred to Committee on Ways and Means · lower
Subjects
HIGHER EDUCATION; Financial Assistance (Including Student Assistance, Loans, Grants, and FAFSA)
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