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H.R. 3048

Student Loan Interest Deduction Act of 2017

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.

Referred to the Subcommittee on Trade.

Rep. Swalwell, Eric [D-CA-15](D-CA)Sponsor
35 cosponsors35 D
35cosponsors1committees4actions4subjects
  1. Committee

    Referred to the Subcommittee on Trade.

    Trade Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Student Loan Interest Deduction Act of 2017 — Informed