Income tax; exclude forgiven, cancelled or discharged federal student loan debt under the PSLF Program from the definition of "gross income".

Summary

The bill would amend Mississippi’s income‑tax code to remove forgiven, cancelled, or discharged federal student loan debt under the Public Service Loan Forgiveness program from the definition of gross income. This change would lower state tax liability for borrowers who receive PSLF forgiveness. The measure did not pass and died in committee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share