House Bill 1070
116th Congress(2019-2020)
Student Loan Interest Tax Deduction Expansion Act
Introduced
Introduced in House on Feb 7, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1070
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
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).
February 7, 2019
02/07/2019
Referred to the House Committee on Ways and Means.
02/07/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 3:47:46 PM