Summary: This bill modifies the requirements for calculating taxable income to exclude from gross income payments under the federal veterinary medicine loan repayment program or any state loan repayment or forgiveness program that is intended to provide for increased access to veterinary services in such state. Cosponsors (Bipartisan)
ANGIE CRAIG’S POSITION: Representative Craig cosponsored the bill on 8/20/19.
STATUS: Introduced 5/15/19 by Rep. Kind, Ron [D-WI-3].
INFORMATION RELATED TO THE BILL:
- “Veterinarians are an important part of a healthy rural and farm economy, but many regions throughout our state are facing a shortage of animal care professionals. This bill will help attract veterinarians to communities in need across western and central Wisconsin, and ensure a healthy and safe food supply,” said Rep. Ron Kind. (Rep. Kind, Press Release, 5/15/19)
- Rural veterinarians are one step closer to seeing the Veterinary Medicine Loan Repayment Program (VMLRP) Enhancement Act become law. (Source: Veterinary Practice News)