HR 2877
104th Congress
House
Taxation
College costs
Education
Finance and Financial Sector
Higher education
Income tax
Interest
Student loan funds
Tax deductions
Higher Education Tax Relief Act of 1996
Introduced: January 24, 1996
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 24, 1996
Referred to the House Committee on Ways and Means.
Jan 24, 1996
Introduced in House
Plain-English summary
Higher Education Tax Relief Act of 1996 - Amends the Internal Revenue Code to allow a tax deduction for the sum of qualified higher education expenses and interest on qualified higher education loans. Provides limitations on both amounts. Allows such deduction in computing adjusted gross income.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1