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22 CFR 309.23

§ 309.23 Discharge.

United States · 22 CFR — Foreign Relations · Status: effective

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22 CFR 309.23, § 309.23 Discharge, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/94919
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Full text

Once a debt has been closed out for accounting purposes and collection has been terminated, the debt is discharged. Peace Corps will report discharged debt as income to the debtor to the Internal Revenue Service per 26 U.S.C. 6050P and 26 CFR 1.6050P-1.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.