H.R. 1296 · 108th Congress
To amend the Internal Revenue Code of 1986 to repeal the dollar limitation on the deduction of interest on education loans.
- Stage
- In committee
- Sponsor
- David Wu
- Introduced
- 2003-03-13
- Latest action
- 2003-03-13 · Introduced in House
Summary
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.