· IN legislature · 2025

Exclusion of discharged student loans as income.

Provides that the Indiana adjusted gross income add back of forgiven federal student loan debt that is excluded under the Internal Revenue Code applies only to the 2021 taxable year and does not apply to forgiven federal student loan debt forgiven in subsequent taxable years.

Sponsor

Gregory Porter (D-IN)

Introduced

2025-01-13

Policy area

Taxation

Latest action

First reading: referred to Committee on Ways and Means