Tax treatment of certain Nurse Corps payments

(a) In general Paragraph (4) of section 108(f) of the Internal Revenue Code of 1986 is amended by striking 338B(g) and inserting 338B(g) or 846. (b) Qualified scholarships Subparagraph (A) of section 117(c)(2) of the Internal Revenue Code of 1986 is amended by striking the Public Health Service Act and inserting the Public Health Service Act or the scholarship program under section 846 of such Act. (c) Effective date The amendments made by this section shall apply to amounts received in taxable years beginning after the date of the enactment of this Act.