S 1964
109th Congress
Senate
Taxation
Education
Finance and Financial Sector
Higher education
Income tax
Interest
Student loan funds
Tax deductions
A bill to amend the Internal Revenue Code of 1986 to modify the determination and deduction of interest on qualified education loans.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 4, 2005
Read twice and referred to the Committee on Finance.
Nov 4, 2005
Sponsor introductory remarks on measure. (CR S12406-12407)
Nov 4, 2005
Introduced in Senate
Ask about this bill
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.
Plain-English summary
Amends the Internal Revenue Code to set forth provisions governing the determination of interest amounts on education loans made after December 31, 2004, and treat such interest, with certain adjustments and restrictions, as tax deductible.
What's happening now
Read twice and referred to the Committee on Finance.
Related & companion bills
1
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). S. 1964: A bill to amend the Internal Revenue Code of 1986 to modify the determination and deduction of interest on qualified education loans.. 109th Congress. Open America. https://openamerica.io/bill/109-S-1964/
"S. 1964: A bill to amend the Internal Revenue Code of 1986 to modify the determination and deduction of interest on qualified education loans.." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-S-1964/.
S. 1964, 109th Cong. (2026), https://openamerica.io/bill/109-S-1964/.
[S. 1964: A bill to amend the Internal Revenue Code of 1986 to modify the determination and deduction of interest on qualified education loans.](https://openamerica.io/bill/109-S-1964/)