United States · Bill · S
S. 656 (101st)
A bill to amend the Internal Revenue Code of 1986 to restore the deduction for interest on educational loans.
Introduced
17 March 1989
Last action
17 March 1989 · Introduced
Status
Read twice and referred to the Committee on Finance.
Sponsors
Sen. Grassley, Chuck [R-IA], Sen. Danforth, John C. [R-MO], Sen. Durenberger, Dave [R-MN], Sen. Bingaman, Jeff [D-NM], Sen. D'Amato, Alfonse [R-NY], Sen. Cochran, Thad [R-MS], Sen. Wilson, Pete [R-CA], Sen. Symms, Steven D. [R-ID], Sen. Helms, Jesse [R-NC], Sen. Shelby, Richard C. [R-AL], Sen. Levin, Carl [D-MI], Sen. Armstrong, William L. [R-CO], Sen. Gore, Albert, Jr. [D-TN], Sen. Heflin, Howell [D-AL], Sen. Jeffords, James M. [I-VT], Sen. McClure, James A. [R-ID], Sen. Pressler, Larry [R-SD], Sen. Lott, Trent [R-MS], Sen. Matsunaga, Spark M. [D-HI], Sen. Hollings, Ernest F. [D-SC], Sen. Conrad, Kent [D-ND], Sen. Glenn, John H., Jr. [D-OH], Sen. Kerry, John F. [D-MA]
Subjects
Taxation
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to allow an income tax deduction for interest on any indebtedness incurred to pay the educational expenses, including reasonable living expenses, of the taxpayer, spouse, or dependent.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
17 March 1989
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
17 March 1989
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · — · Download file
Documents
2 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN
Introduced in Senate
summary · EN · 17 March 1989
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
- Sen. Grassley, Chuck [R-IA] · R · Sponsor
- Sen. Danforth, John C. [R-MO] · R · Sponsor
- Sen. Durenberger, Dave [R-MN] · R · Sponsor
- Sen. Bingaman, Jeff [D-NM] · D · Sponsor
- Sen. D'Amato, Alfonse [R-NY] · R · Sponsor
- Sen. Cochran, Thad [R-MS] · R · Sponsor
- Sen. Wilson, Pete [R-CA] · R · Sponsor
- Sen. Symms, Steven D. [R-ID] · R · Sponsor
- Sen. Helms, Jesse [R-NC] · R · Sponsor
- Sen. Shelby, Richard C. [R-AL] · D · Cosponsor
- Sen. Levin, Carl [D-MI] · D · Cosponsor
- Sen. Armstrong, William L. [R-CO] · R · Cosponsor
- Sen. Gore, Albert, Jr. [D-TN] · D · Cosponsor
- Sen. Heflin, Howell [D-AL] · D · Cosponsor
- Sen. Jeffords, James M. [I-VT] · R · Cosponsor
- Sen. McClure, James A. [R-ID] · R · Cosponsor
- Sen. Pressler, Larry [R-SD] · R · Cosponsor
- Sen. Lott, Trent [R-MS] · R · Cosponsor
- Sen. Matsunaga, Spark M. [D-HI] · D · Cosponsor
- Sen. Hollings, Ernest F. [D-SC] · D · Cosponsor
- Sen. Conrad, Kent [D-ND] · D · Cosponsor
- Sen. Glenn, John H., Jr. [D-OH] · D · Cosponsor
- Sen. Kerry, John F. [D-MA] · D · Cosponsor
- · ssfi00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/101st-congress/senate-bill/656
- Open data entity: https://api.congress.gov/v3/bill/101/s/656
- us · 101-s-656 · source updated 3 January 2025