HR 3048 · 115th Congress · Taxation

Student Loan Interest Deduction Act of 2017

Introduced 2017-06-23· Sponsored by Rep. Swalwell, Eric [D-CA-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Trade.(2017-07-05)

Plain Language Summary

[AI summary unavailable — showing source text] Student Loan Interest Deduction Act of 201 7 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.…

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

Cosponsors (20)

20 Democrats
Rep. Kind, Ron [D-WI-3]WI
Rep. Moore, Gwen [D-WI-4]WI
Rep. Larson, John B. [D-CT-1]CT
Rep. Boyle, Brendan F. [D-PA-13]PA
Rep. Engel, Eliot L. [D-NY-16]NY
Rep. Conyers, John, Jr. [D-MI-13]MI
Rep. Slaughter, Louise McIntosh [D-NY-25]NY
Del. Bordallo, Madeleine Z. [D-GU-At Large]GU
Rep. Rice, Kathleen M. [D-NY-4]NY
Rep. Chu, Judy [D-CA-27]CA
Rep. Lowenthal, Alan S. [D-CA-47]CA
Rep. Nolan, Richard M. [D-MN-8]MN
Rep. Meeks, Gregory W. [D-NY-5]NY
Rep. Gallego, Ruben [D-AZ-7]AZ
Rep. Meng, Grace [D-NY-6]NY
Rep. Roybal-Allard, Lucille [D-CA-40]CA
Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4]GA
Rep. Lee, Barbara [D-CA-13]CA
Rep. Thompson, Mike [D-CA-5]CA
Rep. Castor, Kathy [D-FL-14]FL