HR 1070
116th 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: February 7, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 7, 2019
Referred to the House Committee on Ways and Means.
Feb 7, 2019
Introduced in House
Plain-English summary
Student Loan Interest Tax Deduction Expansion Act
This bill modifies 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 (twice the amount in the case of a joint return).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1