HR 1196
106th Congress
House
Taxation
Education
Finance and Financial Sector
Higher education
Income tax
Interest
Personal income tax
Student loan funds
Tax deductions
To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation on the amount of education loan interest which is allowable as a deduction.
Introduced: March 18, 1999
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 18, 1999
Referred to the House Committee on Ways and Means.
Mar 18, 1999
Sponsor introductory remarks on measure. (CR E494)
Mar 18, 1999
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to repeal the 60-month limitation period on the allowance of the deduction for interest on loans for higher education expenses.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1