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United States · Bill · S

S. 1047 (110th)

Generating Opportunity by Forgiving Educational Debt for Service Act of 2007

referredUnited States· United States Congress· EN

Introduced

29 March 2007

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Generating Opportunity by Forgiving Educational Debt for Service Act of 2007 - Amends the Internal Revenue Code to exclude from gross income student loan repayments by the federal government on behalf of federal employees and members of the Armed Forces on active duty. Exempts such repayments from social security taxes.

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Documents

3 official files

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Sources

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