Rural Veterinary Workforce Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
This bill aims to encourage more veterinarians to work in rural areas by modifying tax rules. Specifically, it creates an exclusion for assistance received by individuals participating in certain veterinary student loan repayment or forgiveness programs. These programs are intended to increase access to veterinary services in states that offer them. The changes will take effect starting in 2026.
Key provisions
- Creates an exclusion for assistance received by veterinary students in loan repayment or forgiveness programs.
- Expands the definition of eligible programs to include state loan repayment and forgiveness programs.
- The exclusion applies to assistance provided under the National Agricultural Research, Extension, and Teaching Policy Act.
- The exclusion applies to amounts received beginning in taxable years after December 31, 2025.
Who is affected
- Veterinary students
- Veterinary schools
- Individuals participating in veterinary loan repayment programs
- States with veterinary loan repayment programs
Notable changes
- Changes the Internal Revenue Code to provide a tax exclusion for veterinary loan assistance.
- Broadens the definition of eligible loan programs to include state-level initiatives.
Bill text
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Sponsors
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27 on record
Primary sponsor
Cosponsors
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