HOUSE 1070116th CongressReferred to the House Committee on Ways and Means.

Student Loan Interest Tax Deduction Expansion Act

Last Action: 2/7/2019

Actions

2019-02-07Referred to the House Committee on Ways and Means.
2019-02-07Introduced in House
2019-02-07Introduced in House

CRS Summary

As of 2019-02-07 (00)

Student Loan Interest Tax Deduction Expansion Act

This bill modifies the tax deduction for interest on qualified education loans to increase (1) the dollar limitation on the deduction to $7,500 ($15,000 in the case of a joint return), and (2) the limitation on modified adjusted gross income to $100,000 (twice the amount in the case of a joint return).

Cosponsors (4)

Brendan Boyle (D-PA)
Jamie Raskin (D-MD)
ALCEE HASTINGS (D-FL)
Jennifer Wexton (D-VA)

Subjects

Higher education
Income tax deductions
Interest, dividends, interest rates
Student aid and college costs

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