HOUSE 6594118th CongressReferred to the House Committee on Ways and Means.

GRADUATE Act

Last Action: 12/5/2023

Actions

2023-12-05Referred to the House Committee on Ways and Means.
2023-12-05Introduced in House
2023-12-05Introduced in House

CRS Summary

As of 2023-12-05 (00)

Generating Relief for Academic Debt Using Assisted Tax Efficiency Act or the GRADUATE Act

This bill expands the tax deduction for student loan interest to include payments toward principal. It also increases the maximum allowable amount of the deduction.

Cosponsors (13)

Sara Jacobs (D-CA)
ELEANOR NORTON (D-DC)
BETTY MCCOLLUM (D-MN)
Jasmine Crockett (D-TX)
Ro Khanna (D-CA)
Jill Tokuda (D-HI)
Alma Adams (D-NC)
JANICE SCHAKOWSKY (D-IL)
Jesus Garcia (D-IL)
Kevin Mullin (D-CA)
Chellie Pingree (D-ME)
Robert Garcia (D-CA)
Andy Kim (D-NJ)

Read on Congress.gov

Sourced from Congress.gov (public domain).

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