HR 1296 · 108th Congress · Taxation

To amend the Internal Revenue Code of 1986 to repeal the dollar limitation on the deduction of interest on education loans.

Introduced 2003-03-13· Sponsored by Rep. Wu, David [D-OR-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-03-13)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to repeal the current dollar limitation on the deduction for interest on educational loans. Modifies the dollar amounts used in calculating the modified adjusted gross income limitation on the deduction for interest on educational loans.…

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

Cosponsors (10)

8 Democrats2 Republicans
Rep. Frost, Martin [D-TX-24]TX
Rep. Lantos, Tom [D-CA-12]CA
Rep. Rush, Bobby L. [D-IL-1]IL
Rep. Ryan, Timothy J. [D-OH-17]OH
Rep. Paul, Ron [R-TX-14]TX
Rep. Weldon, Curt [R-PA-7]PA
Rep. Watson, Diane E. [D-CA-33]CA
Rep. Owens, Major R. [D-NY-11]NY
Rep. Wexler, Robert [D-FL-19]FL
Rep. Rangel, Charles B. [D-NY-15]NY