H.R. 6594 · 118th Congress
GRADUATE Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
13 cosponsors · 13 D
6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Generating Relief for Academic Debt Using Assisted Tax Efficiency Act or the GRADUATE Act
What it does: CRS summary · Introduced in House · Dec 5, 2023
Generating Relief for Academic Debt Using Assisted Tax Efficiency Act or the GRADUATE Act
This bill expands the tax deduction for student loan interest to include payments toward principal. It also increases the maximum allowable amount of the deduction.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: GRADUATE Act
Also known as: Generating Relief for Academic Debt Using Assisted Tax Efficiency Act
Latest action (Dec 5, 2023): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Dec 5, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.