HR 4700 · 113th Congress · Taxation

To amend the Internal Revenue Code of 1986 to increase the limitation on the deduction for student loan interest.

Introduced 2014-05-21· Sponsored by Rep. Gardner, Cory [R-CO-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2014-05-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the limitation on the tax deduction for interest paid on qualified education loans to $5,000 in a taxable year and provide for an annual inflation adjustment to that amount for taxable years beginning after 2015.…

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