H.R.6521: Students and Families Empowerment Act

About This Bill

Bill Version

Bill Summary

Students and Families Empowerment Act This bill amends the Internal Revenue Code, with respect to the deduction for interest on education loans, to replace the dollar limitation and the limitation based on modified adjusted gross income with a $1 million limit ($2 million in the case of a joint return) on the aggregate amount of qualified education loans that may be taken into account for the deduction. The bill excludes from gross income...

(Source: Library of Congress)

Bill Actions

Date Description
Dec. 8, 2016
Referred to House Education and the Workforce
Dec. 8, 2016
Referred to House Ways and Means
Dec. 8, 2016

Introduced in the House by Kathleen Rice (D-N.Y.)

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