US HB3573 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on July 28 2017 - 25% progression, died in committee
Action: 2017-07-28 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 28 2017 - 25% progression, died in committee
Action: 2017-07-28 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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).
Title
Student Loan Interest Tax Deduction Expansion Act
Sponsors
| Rep. David Cicilline [D-RI] | Rep. Brendan Boyle [D-PA] | Rep. Dwight Evans [D-PA] | Rep. Derek Kilmer [D-WA] |
| Rep. Richard Nolan [D-MN] | Rep. Frederica Wilson [D-FL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-07-28 | House | Referred to the House Committee on Ways and Means. |
| 2017-07-28 | House | Introduced in House |
Subjects
Higher education
Income tax deductions
Interest, dividends, interest rates
Student aid and college costs
Taxation
Income tax deductions
Interest, dividends, interest rates
Student aid and college costs
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/3573/all-info |
| Text | https://www.congress.gov/115/bills/hr3573/BILLS-115hr3573ih.pdf |
