H.R. 1766 · 109th Congress
To amend the Internal Revenue Code of 1986 to simplify the determination and deduction of interest on…
Full title
To amend the Internal Revenue Code of 1986 to simplify the determination and deduction of interest on qualified education loans.
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
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.
What it does: CRS summary · Introduced in House · Apr 21, 2005
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Internal Revenue Code of 1986 to simplify the determination and deduction of interest on qualified education loans.
Latest action (Apr 21, 2005): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Apr 21, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.