HR 3098
116th Congress
House
Taxation
Higher education
Income tax deductions
Interest, dividends, interest rates
Student aid and college costs
Student Loan Interest Deduction Act of 2019
Introduced: June 4, 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
Jun 4, 2019
Referred to the House Committee on Ways and Means.
Jun 4, 2019
Introduced in House
Plain-English summary
Student Loan Interest Deduction Act of 2019
This bill modifies the tax deduction for student loan interest to (1) increase the maximum deduction for interest paid on any qualified education loan to $5,000 ($10,000 for married couples filing a joint tax return), and (2) repeal the limitation on the deduction based upon modified adjusted gross income.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1