House Bill 3048
115th Congress(2017-2018)
Student Loan Interest Deduction Act of 2017
Introduced
Introduced in House on Jun 23, 2017
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
3048
Congress
115
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 Deduction Act of 2017
This bill amends the Internal Revenue Code to: (1) increase the maximum tax 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 such deduction based upon modified adjusted gross income.
June 23, 2017
07/05/2017
Referred to the Subcommittee on Trade.
06/23/2017
Referred to the House Committee on Ways and Means.
06/23/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:37:45 PM