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HR 82 103th Congress House Taxation Education Income tax Interest Student loan funds Tax deductions

To amend the Internal Revenue Code of 1986 to restore the deduction for interest on certain educational loans.

Introduced: January 5, 1993 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 5, 1993
Referred to the House Committee on Ways and Means.
Jan 5, 1993
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow an income tax deduction for interest on any indebtedness incurred to pay the educational expenses of the taxpayer, spouse, or dependent. Allows such deduction only for the first 48 months of loan repayment.

What's happening now January 5, 1993

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1