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Tax exclusion for rural veterinary student loan repayment

This act aims to exempt from federal taxation amounts received through student loan repayment or forgiveness programs for veterinarians. This will provide greater financial support for veterinarians working in rural areas, encouraging them to provide services where they are most needed. These changes will take effect from 2026.
Key points
Money received for veterinary student loan repayment or forgiveness will not be taxed.
This applies to federal and state programs designed to increase access to veterinary services in rural areas.
The changes will be effective for taxable years beginning after December 31, 2025, meaning lower tax burdens for eligible veterinarians.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_1163
Sponsor: Sen. Crapo, Mike [R-ID]
Process start date: 2025-03-27
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Rural Veterinary Workforce Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1163.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-27.

What are the main provisions?

Key points include:

  • Money received for veterinary student loan repayment or forgiveness will not be taxed.
  • This applies to federal and state programs designed to increase access to veterinary services in rural areas.
  • The changes will be effective for taxable years beginning after December 31, 2025, meaning lower tax burdens for eligible veterinarians.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Crapo, Mike [R-ID].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Taxes Agriculture