To amend the Internal Revenue Code of 1986 to increase the deduction allowed for student loan interest.
USA115th CongressHR-3048| House
| Updated: 7/5/2017
Eric Swalwell
Democratic Representative
California
Cosponsors (35)
Dwight Evans (Democratic)Marcy Kaptur (Democratic)Richard M. Nolan (Democratic)Ruben Gallego (Democratic)Barbara Lee (Democratic)Kathleen M. Rice (Democratic)Madeleine Z. Bordallo (Democratic)Eliot L. Engel (Democratic)Juan Vargas (Democratic)Carol Shea-Porter (Democratic)Scott H. Peters (Democratic)Collin C. Peterson (Democratic)Lucille Roybal-Allard (Democratic)Ro Khanna (Democratic)Alan S. Lowenthal (Democratic)Sean Patrick Maloney (Democratic)Kurt Schrader (Democratic)Henry C. "Hank" Johnson (Democratic)Brendan F. Boyle (Democratic)John B. Larson (Democratic)John Conyers (Democratic)Gregory W. Meeks (Democratic)Anna G. Eshoo (Democratic)Kathy Castor (Democratic)Eleanor Holmes Norton (Democratic)Mike Quigley (Democratic)Louise McIntosh Slaughter (Democratic)Ron Kind (Democratic)Jerry McNerney (Democratic)Charlie Crist (Democratic)Mike Thompson (Democratic)Gwen Moore (Democratic)Grace Meng (Democratic)Bradley Scott Schneider (Democratic)Judy Chu (Democratic)
Ways and Means Committee, Trade Subcommittee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Student Loan Interest Deduction Act of 201 7 This bill amends the Internal Revenue Code to: (1) increase the maximum tax deduction for interest paid on any qualified education loan to $5,000 ($10,000 for married couples filing a joint tax return), and (2) repeal the limitation on such deduction based upon modified adjusted gross income.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Trade.
Taxation
Higher educationIncome tax deductionsInterest, dividends, interest ratesStudent aid and college costs
To amend the Internal Revenue Code of 1986 to increase the deduction allowed for student loan interest.
USA115th CongressHR-3048| House
| Updated: 7/5/2017
Student Loan Interest Deduction Act of 201 7 This bill amends the Internal Revenue Code to: (1) increase the maximum tax deduction for interest paid on any qualified education loan to $5,000 ($10,000 for married couples filing a joint tax return), and (2) repeal the limitation on such deduction based upon modified adjusted gross income.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Trade.
Eric Swalwell
Democratic Representative
California
Cosponsors (35)
Dwight Evans (Democratic)Marcy Kaptur (Democratic)Richard M. Nolan (Democratic)Ruben Gallego (Democratic)Barbara Lee (Democratic)Kathleen M. Rice (Democratic)Madeleine Z. Bordallo (Democratic)Eliot L. Engel (Democratic)Juan Vargas (Democratic)Carol Shea-Porter (Democratic)Scott H. Peters (Democratic)Collin C. Peterson (Democratic)Lucille Roybal-Allard (Democratic)Ro Khanna (Democratic)Alan S. Lowenthal (Democratic)Sean Patrick Maloney (Democratic)Kurt Schrader (Democratic)Henry C. "Hank" Johnson (Democratic)Brendan F. Boyle (Democratic)John B. Larson (Democratic)John Conyers (Democratic)Gregory W. Meeks (Democratic)Anna G. Eshoo (Democratic)Kathy Castor (Democratic)Eleanor Holmes Norton (Democratic)Mike Quigley (Democratic)Louise McIntosh Slaughter (Democratic)Ron Kind (Democratic)Jerry McNerney (Democratic)Charlie Crist (Democratic)Mike Thompson (Democratic)Gwen Moore (Democratic)Grace Meng (Democratic)Bradley Scott Schneider (Democratic)Judy Chu (Democratic)
Ways and Means Committee, Trade Subcommittee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Higher educationIncome tax deductionsInterest, dividends, interest ratesStudent aid and college costs