H.R. 7814 seeks to amend the Internal Revenue Code of 1986 to ensure that certain federally subsidized loan repayments for dental school faculty are not included in their gross income, potentially reducing their taxable income. The bill renames certain sections of existing...
Simple Explanation
The bill wants to change the tax rules so that dentists who teach at schools don't have to pay extra taxes on special loans that help them with their school costs. It also asks for a report to see if these dentists continue to teach full time.