Skip to main content
HR 1632 105th Congress House Taxation College costs College students Cost of living adjustments Economics and Public Finance Education Educational finance Finance and Financial Sector Fringe benefits Government Operations and Politics Government paperwork Graduate education Graduate students Health Higher education Income Income tax Indexing (Economic policy) Interest Labor and Employment

To amend the Internal Revenue Code of 1986 to permanently extend the exclusion for employer-provided educational assistance programs, to restore such exclusion for graduate level courses, and to…

Show full title

To amend the Internal Revenue Code of 1986 to permanently extend the exclusion for employer-provided educational assistance programs, to restore such exclusion for graduate level courses, and to allow a deduction for interest on education loans.

Introduced: May 15, 1997 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) 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
Aug 5, 1997
See H.R.2014.
May 15, 1997
Referred to the House Committee on Ways and Means.
May 15, 1997
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

Amends the Internal Revenue Code to with respect to the income exclusion for employer-provided educational assistance programs to: (1) make such exclusion permanent; and (2) include graduate school assistance. Provides an income-based deduction for interest on qualified education loans incurred on behalf of a taxpayer or spouse (excludes dependents). Sets forth reporting requirements for persons in the business of receiving interest from such loans.

What's happening now August 5, 1997

See H.R.2014.

 Related & companion bills 1
  • HR 2014 Procedurally related Taxpayer Relief Act of 1997
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 4
D
Davis, Danny K.
Illinois · Jun 23, 1997
 D
Lofgren, Zoe
California · Jun 23, 1997
 D
McGovern, James P.
Massachusetts · Jun 23, 1997
 D
Thompson, Bennie G.
Mississippi · Jun 23, 1997
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1632: To amend the Internal Revenue Code of 1986 to permanently extend the exclusion for employer-provided educational assistance programs, to restore such exclusion for graduate level courses, and to allow a deduction for interest on education loans.. 105th Congress. Open America. https://openamerica.io/bill/105-HR-1632/
MLA
"H.R. 1632: To amend the Internal Revenue Code of 1986 to permanently extend the exclusion for employer-provided educational assistance programs, to restore such exclusion for graduate level courses, and to allow a deduction for interest on education loans.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-1632/.
Bluebook (legal)
H.R. 1632, 105th Cong. (2026), https://openamerica.io/bill/105-HR-1632/.
Markdown link
[H.R. 1632: To amend the Internal Revenue Code of 1986 to permanently extend the exclusion for employer-provided educational assistance programs, to restore such exclusion for graduate level courses, and to allow a deduction for interest on education loans.](https://openamerica.io/bill/105-HR-1632/)
Report a problem