A bill to amend the Internal Revenue Code of 1986 to exclude from gross income certain discharges of student loan indebtedness.

Student Tax Relief Act This bill amends the Internal Revenue Code to exclude from gross income the discharge of student loan debt after June 12, 2014, due to: (1) borrower defenses asserted pursuant to the Higher Education Act of 1965, or (2) an agreement with the Consumer Financial Protection Bureau or any other federal agency in connection with the closure or other agency action relating to an educational institution.