HR 2877 · 104th Congress · Taxation

Higher Education Tax Relief Act of 1996

Introduced 1996-01-24· Sponsored by Rep. McHale, Paul [D-PA-15]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1996-01-24)

Plain Language Summary

[AI summary unavailable — showing source text] Higher Education Tax Relief Act of 1996 - Amends the Internal Revenue Code to allow a tax deduction for the sum of qualified higher education expenses and interest on qualified higher education loans. Provides limitations on both amounts. Allows such deduction in computing adjusted gross income.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

1 Democrat1 Independent