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H.R. 3048

BillFederalHouseIn Committee
Student Loan Interest Deduction Act of 2017
About This Bill
Committee
Latest Action · July 5, 2017
Referred to the Subcommittee on Trade.
Congress
115th (2017–2019)
Introduced
June 23, 2017
Cosponsors (35)
35D 0R
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Summary

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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.

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