US HB5863 | 2019-2020 | 116th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 24-5)
Status: Introduced on February 12 2020 - 25% progression, died in committee
Action: 2020-02-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Revises the tax deduction for interest on education loans to provide that the $2,500 limitation on such deduction shall apply separately to each taxpayer claiming the deduction.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to allow married couples to apply the student loan interest deduction limitation separately to each spouse, and for other purposes.

Sponsors


History

DateChamberAction
2020-02-12HouseReferred to the House Committee on Ways and Means.
2020-02-12HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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