S. 3505 - Nurse Corps Tax Parity Act of 2022

117TH CONGRESS
2D SESSION

S. 3505

To amend the Internal Revenue Code of 1986 to exclude
certain Nurse Corps payments from gross income.

IN THE SENATE OF THE UNITED STATES

JANUARY 13, 2022

Mr. MERKLEY (for himself, Mr. WICKER, Mrs. MURRAY, Mr. BOOZMAN,
Ms. STABENOW, Mrs. GILLIBRAND, and Ms. KLOBUCHAR) introduced
the following bill; which was read twice and referred to the Committee on _____

A BILL

To amend the Internal Revenue Code of 1986 to exclude certain Nurse Corps payments from gross income.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the "Nurse Corps Tax Parity Act of 2022".

SEC. 2. TAX TREATMENT OF CERTAIN NURSE CORPS PAYMENTS.

(a) 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".

(b) 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".

(c) 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.