HR 1766 · 109th Congress · Taxation

To amend the Internal Revenue Code of 1986 to simplify the determination and deduction of interest on qualified education loans.

Introduced 2005-04-21· Sponsored by Rep. English, Phil [R-PA-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-04-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to: (1) treat education loan origination fees as tax deductible interest; (2) allow for accrual of interest on education loans; and (3) provide for the allocation of student loan payments to interest, fees, and principal.…

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