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United States · Bill · HR

H.R. 747 (101st)

To amend the Internal Revenue Code of 1986 to restore the deduction for interest on educational loans.

referredUnited States· United States Congress· EN

Introduced

31 January 1989

Last action

31 January 1989 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Schulze, Richard T. [R-PA-5], Rep. Russo, Martin A. [D-IL-3], Rep. Rangel, Charles B. [D-NY-15], Rep. Vander Jagt, Guy [R-MI-9], Sen. Brown, Hank [R-CO], Rep. Johnson, Nancy L. [R-CT-5], Rep. Shaw, E. Clay, Jr. [R-FL-22], Rep. Sundquist, Don [R-TN-7], Rep. Coughlin, Lawrence [R-PA-13], Rep. Kastenmeier, Robert W. [D-WI-2], Rep. Shays, Christopher [R-CT-4], Rep. Morella, Constance A. [R-MD-8], Rep. Horton, Frank J. [R-NY-29], Rep. AuCoin, Les [D-OR-1], Rep. Bereuter, Doug [R-NE-1], Rep. Jontz, Jim [D-IN-5], Rep. Wolf, Frank R. [R-VA-10], Rep. Brennan, Joseph E. [D-ME-1], Rep. Roth, Toby [R-WI-8], Rep. Lewis, John [D-GA-5], Rep. Solomon, Gerald B. H. [R-NY-22], Rep. Coleman, Ronald D. [D-TX-16], Rep. Smith, Virginia [R-NE-3], Del. de Lugo, Ron [D-VI-At Large], Rep. Gallo, Dean A. [R-NJ-11], Rep. Olin, James R. [D-VA-6], Sen. Bunning, Jim [R-KY], Rep. Quillen, James H. (Jimmy) [R-TN-1], Rep. Martin, David O'B. [R-NY-26], Rep. Roe, Robert A. [D-NJ-8], Rep. Boehlert, Sherwood [R-NY-24], Rep. Murphy, Austin J. [D-PA-20], Rep. Roukema, Marge [R-NJ-5], Rep. Penny, Timothy J. [D-MN-1], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. Dymally, Mervyn M. [D-CA-31], Sen. Craig, Larry E. [R-ID], Rep. Hughes, William J. [D-NJ-2], Rep. Hastert, J. Dennis [R-IL-14], Rep. Lehman, Richard H. [D-CA-19], Rep. Emerson, Bill [R-MO-8], Rep. Weiss, Ted [D-NY-17], Rep. Rinaldo, Matthew J. [R-NJ-7], Rep. DeFazio, Peter A. [D-OR-4], Rep. Bentley, Helen Delich [R-MD-2], Rep. Ford, William D. [D-MI-13], Rep. Rhodes, John J., III [R-AZ-1], Rep. Neal, Stephen L. [D-NC-5]

Subjects

Taxation

Source updated

7 February 2024

Taxation

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Summary

Amends the Internal Revenue Code to allow an income tax deduction for interest on any indebtedness incurred to pay the educational expenses of the taxpayer, spouse, or dependent. (Under current law, such a loan must be secured by an interest in real property.)

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 31 January 1989

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 31 January 1989

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  3. 31 January 1989

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN

    ViewDownloadOpen at official source

  • Introduced in House

    summary · EN · 31 January 1989

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Showing 48 of 332 sponsors and actors.

Related records

Sources

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