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HR 6594 118th Congress House Taxation

GRADUATE Act

Introduced: December 5, 2023 Introduced by: Goldman, Daniel S. Democratic · New York See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 5, 2023
Referred to the House Committee on Ways and Means.
Dec 5, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Generating Relief for Academic Debt Using Assisted Tax Efficiency Act or the GRADUATE Act

This bill expands the tax deduction for student loan interest to include payments toward principal. It also increases the maximum allowable amount of the deduction.  

What's happening now December 5, 2023

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1