To amend the Internal Revenue Code of 1986 to repeal the dollar limitation on the deduction of interest on education loans.

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Bill Number

HR 1296

Introduced

Mar 13, 2003

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Education Finance and Financial Sector Higher education Income tax Interest Student loan funds Tax deductions Taxation

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Votes

Summary

Amends the Internal Revenue Code to repeal the current dollar limitation on the deduction for interest on educational loans. Modifies the dollar amounts used in calculating the modified adjusted gross income limitation on the deduction for interest on educational loans.

Actions

Mar 13, 2003

Referred to the House Committee on Ways and Means.
Mar 13, 2003

Introduced in House

Amendments

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