Section 1 Short title
This Act may be cited as the “Veteran Tax Parity Act”.
Veteran Tax Parity Act
A BILL
To amend the Internal Revenue Code of 1986 to exclude from gross income discharges of Federal student loans as a result of veterans’ service-connected total disability that is permanent in nature.
Sec. 2 Exclusion from gross income for discharge of Federal student loans of veterans as a result of permanent service-connected total disability
In general— Paragraph (1) of section 108(f) of the Internal Revenue Code of 1986 is amended by inserting “or if such discharge resulted from an individual having a service-connected total disability that is permanent in nature as determined by the Secretary of Veterans Affairs” before the period at the end.