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HR 3573 115th Congress House Taxation Higher education Income tax deductions Interest, dividends, interest rates Student aid and college costs

Student Loan Interest Tax Deduction Expansion Act

Introduced: July 28, 2017 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 2017
Referred to the House Committee on Ways and Means.
Jul 28, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Student Loan Interest Tax Deduction Expansion Act

This bill amends the Internal Revenue Code, with respect to the tax deduction for interest on qualified education loans, to increase: (1) the dollar limitation on the deduction to $7,500 ($15,000 in the case of a joint return); and (2) the limitation on modified adjusted gross income to $100,000 ($200,000 in the case of a joint return).

What's happening now July 28, 2017

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1