Congress 107 - HR 2765 - Teachers For Tomorrow Act of 2001

Sponsor

Cosponsors

Topics

Economics and Public Finance Education Elementary and secondary education Elementary education Federal aid to higher education Federally-guaranteed loans Government lending Higher education Income tax Mathematics Personal income tax Reading Scholarships Secondary education Student loan funds Tax exclusion Taxation Teacher education Teacher supply and demand

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Summary

Teachers for Tomorrow Act of 2001 - Amends the Higher Education Act of 1965 (HEA) to establish new programs for teacher student loan forgiveness, under the guaranteed loan program and the direct loan program. Requires three consecutive complete school years of full-time teaching in a public elementary or secondary school as: (1) a secondary school teacher of a subject area relevant to the borrower's academic major; or (2) an elementary school teacher who has demonstrated knowledge and teaching skills in reading, writing, mathematics, and other curriculum areas.

Amends the Internal Revenue Code to exclude from a teacher's gross income any student loan amounts discharged under both the current HEA programs and those added by this Act.

Actions

Nov 13, 2001

Referred to the Subcommittee on 21st Century Competitiveness.
Aug 3, 2001

Sponsor introductory remarks on measure. (CR E1529)
Aug 2, 2001

Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Aug 2, 2001

Introduced in House

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