A bill to amend the Internal Revenue Code of 1986 to allow a deduction for amounts paid by a physician as principal and interest on student loans if the physician agrees to practice medicine for 2 years in a rural community.

Summary

Amends the Internal Revenue Code to allow any physician who agrees to practice for at least 24 consecutive months in a qualified rural community a business expense income tax deduction of up to $5,000 per year for student loan payments of both principal and interest.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 14 January 1991

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 14 January 1991

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 14 January 1991

  Open at official source

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Sponsors

• Sen. Pressler, Larry [R-SD] · R · Sponsor
• Sen. Cochran, Thad [R-MS] · R · Cosponsor
• Sen. Burns, Conrad R. [R-MT] · R · Cosponsor
• Sen. Warner, John [R-VA] · R · Cosponsor
• Sen. Craig, Larry E. [R-ID] · R · Cosponsor
• Sen. Lott, Trent [R-MS] · R · Cosponsor
• Sen. Boren, David L. [D-OK] · D · Cosponsor
• Sen. Kasten, Robert W., Jr. [R-WI] · R · Cosponsor
• · ssfi00 · Standing

Related records

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