S. 1163 aims to change the Internal Revenue Code of 1986 to offer tax exclusions for financial assistance given to veterinary students who participate in loan repayment or forgiveness programs. This bill specifically targets programs meant to improve access to veterinary...
Simple Explanation
S. 1163 wants to change tax rules so that students who get help paying back loans for becoming a vet (animal doctor) don't have to pay taxes on that help, especially if they work in places where there aren't many animal doctors.