1. Short title
This Act may be cited as the “Veterinary Medicine Loan Repayment Program Enhancement Act”.
Veterinary Medicine Loan Repayment Program Enhancement Act
A BILL
To amend the Internal Revenue Code of 1986 to provide for an exclusion for assistance provided to participants in certain veterinary student loan repayment or forgiveness programs.
2. Exclusion for assistance provided to participants in certain veterinary student loan repayment or forgiveness programs
by striking “or” after “such Act,”;
by striking the period at the end and inserting “, under section 1415A of the National Agricultural Research, Extension, and Teaching Policy Act of 1977 (7 U.S.C. 3151a), or under any other State loan repayment or loan forgiveness program that is intended to provide for increased access to veterinary services in such State.”; and
by striking “state” in the heading and inserting “other”.
Effective date— The amendments made by this section shall apply to amounts received by an individual in taxable years beginning after December 31, 2019.