The bill has been endorsed by: The American Legion; Iraq and Afghanistan Veterans of America (IAVA); Military Officers Association of America (MOAA); the American Federation of Teachers; Access Group; Student Veterans of America; Veterans Education Success; Tragedy Assistance Program for Survivors; American Council on Education; National Association of Student Financial Aid Administrators (NASFAA); National Council of Higher Education Resources (NCHER); National Consumer Law Center (on behalf of its low-income clients); The Institute for College Access and Success (TICAS), Young Invincibles; Education Finance Council; Higher Education Loan Coalition; American Foundation for the Blind; American Network of Community Options and Resources (ANCOR); Association of University Centers on Disabilities; Autistic Self Advocacy Network; Christopher Dana Reeve Foundation; Goodwill Industries International; Justice in Aging; Lutheran Services in America Disability Network; National Academy of Elder Law Attorneys; National Alliance on Mental Illness; National Association of Councils on Developmental Disabilities; National Association of Disability Representatives; National Disability Rights Network; National Down Syndrome Congress; National Organization of Social Security Claimants Representatives (NOSSCR); Paralyzed Veterans of America; The Arc of the United States; United Spinal Association; and the National Disability Institute.
“Student Veterans of America applauds the dedication Senators Coons, King and Portman have shown in supporting the families of fallen service members,” said Derek Fronabarger, Director of Policy, Student Veterans of America. “Fallen service members with student loans are eligible to have their student loans discharged, however, this discharged amount of debt is considered income and is taxable. In the past, we have seen families who have lost a loved one, receive a tax bill for this discharged student debt. It is unconscionable that the families of the fallen in their time of grief are burdened by this backwards policy. This bill aims at changing this tax issue so that those families who have already paid the ultimate price are not additionally saddled by a discharged student loan tax. We at SVA fully support this bill and hope to see it move forward quickly.”
“The Stop Taxing Death and Disability Act of 2016 would make an important difference to people with work limiting disabilities who have their student loans discharged. “CCD thanks Senators Coons, King, and Portman for introducing this legislation to ensure that people with disabilities are no longer hurt by the unintended economic consequences of utilizing this important loan discharge provision.”
Richard F. Hussey has been licensed to practice law since 1982.
He maintains admission to the California State Bar, Florida Bar,
and the Federal District Courts for the Southern Districts of
Florida and California. Read More