Skip to main content
HR 1229 104th Congress House Taxation Education Finance and Financial Sector Higher education Income tax Interest Student loan funds Tax deductions

Student Loan Affordability Act of 1995

Introduced: March 14, 1995 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 14, 1995
Referred to the House Committee on Ways and Means.
Mar 14, 1995
Sponsor introductory remarks on measure. (CR E592)
Mar 14, 1995
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Student Loan Affordability Act of 1995 - Amends the Internal Revenue Code to allow a tax deduction for the interest paid on qualified higher education loans. Allows such deduction in computing adjusted gross income.

What's happening now March 14, 1995

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 4 Independent 1
I
Sanders, Bernard
Vermont · Sep 5, 1996
 D
Velázquez, Nydia M.
New York · Jun 6, 1995
 D
Thompson, Bennie G.
Mississippi · May 23, 1995
 D
Lofgren, Zoe
California · Apr 4, 1995
 D
Norton, Eleanor Holmes
District of Columbia · Mar 24, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1229: Student Loan Affordability Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-HR-1229/
MLA
"H.R. 1229: Student Loan Affordability Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-1229/.
Bluebook (legal)
H.R. 1229, 104th Cong. (2026), https://openamerica.io/bill/104-HR-1229/.
Markdown link
[H.R. 1229: Student Loan Affordability Act of 1995](https://openamerica.io/bill/104-HR-1229/)
Report a problem