Skip to main content
HR 686 107th Congress House

To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation period on the allowance of a deduction of interest on loans for higher education expenses.

Introduced: May 15, 2001 See on congress.gov
Taxation EducationFinance and Financial SectorHigher educationIncome tax
More subjectsShow fewer subjects
InterestPersonal income taxStudent loan fundsTax deductions
Sign in to write a letter Sign in to watch
This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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 13, 2001
See H.R.1836.
Feb 14, 2001
Introduced in House
Feb 14, 2001
Referred to the House Committee on Ways and Means.
 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.

 Latest action August 13, 2001

See H.R.1836.

 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to eliminate the 60-month limit on student loan interest deductions.
 Related & companion bills 1
  • HR 1836 Procedurally related Economic Growth and Tax Relief Reconciliation Act of 2001
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 9
All 9 Democratic 9
D
Baldwin, Tammy
Wisconsin · Jun 6, 2001
 D
Norton, Eleanor Holmes
District of Columbia · May 15, 2001
 D
Waters, Maxine
California · May 15, 2001
 D
Meeks, Gregory W.
New York · May 8, 2001
 D
Pallone, Frank
New Jersey · May 8, 2001
 D
Lofgren, Zoe
California · Apr 26, 2001
 D
McGovern, James P.
Massachusetts · Feb 28, 2001
 D
Davis, Danny K.
Illinois · Feb 14, 2001
 D
Pelosi, Nancy
California · Feb 14, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 686: To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation period on the allowance of a deduction of interest on loans for higher education expenses.. 107th Congress. Open America. https://openamerica.io/bill/107-HR-686/
MLA
"H.R. 686: To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation period on the allowance of a deduction of interest on loans for higher education expenses.." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-686/.
Bluebook (legal)
H.R. 686, 107th Cong. (2026), https://openamerica.io/bill/107-HR-686/.
Markdown link
[H.R. 686: To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation period on the allowance of a deduction of interest on loans for higher education expenses.](https://openamerica.io/bill/107-HR-686/)
Report a problem