Section 1 Short title
This Act may be cited as the “Nurse Corps Tax Parity Act of 2023”.
Nurse Corps Tax Parity Act of 2023
A BILL
To amend the Internal Revenue Code of 1986 to exclude certain Nurse Corps payments from gross income.
Sec. 2 Tax treatment of certain Nurse Corps payments
In general— Paragraph (4) of section 108(f) of the Internal Revenue Code of 1986 is amended by striking “338B(g)” and inserting “338B(g) or 846”.
Qualified scholarships— Subparagraph (A) of section 117(c)(2) of the Internal Revenue Code of 1986 is amended by striking “the Public Health Service Act” and inserting “the Public Health Service Act or the scholarship program under section 846 of such Act”.
Effective date— The amendments made by this section shall apply to amounts received in taxable years beginning after the date of the enactment of this Act.