22 CFR § 309.23 - Discharge.

---
identifier: "/us/cfr/t22/s309.23"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "22 CFR § 309.23 - Discharge."
title_number: 22
title_name: "Foreign Relations"
section_number: "309.23"
section_name: "Discharge."
chapter_name: "PEACE CORPS"
part_number: "309"
part_name: "DEBT COLLECTION"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "31 U.S.C. 3701-3719; 5 U.S.C. 5514; 22 U.S.C. 2503(b); 31 U.S.C. 3720A; 31 CFR part 285; 5 CFR 550, subpart K."
regulatory_source: "73 FR 18155, Apr. 3, 2008, unless otherwise noted."
cfr_part: "309"
---


# 309.23 Discharge.

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.