United States · Bill · HR
H.R. 979 (100th)
A bill to amend the Internal Revenue Code of 1986 to restore the deduction for interest on educational loans.
Introduced
4 February 1987
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to allow an income tax deduction for interest paid or incurred on a qualified educational loan. Defines "qualified educational loan" as any indebtedness incurred to pay the educational expenses of the taxpayer or the taxpayer's spouse or dependent. (Present law requires that such a loan be secured by an interest in real property.)
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 4 February 1987
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/100th-congress/house-bill/979
- Open data entity: https://api.congress.gov/v3/bill/100/hr/979