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- H.R.1798
H.R.1798: Students and Families Empowerment Act
About This Bill
- Introduced March 14, 2019
- Latest Major Action March 14, 2019
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - March 14, 2019
Bill Summary
Students and Families Empowerment Act This bill expands tax deductions and grace periods that apply to student loan payments. The bill modifies the tax deduction for interest on education loans to replace the dollar limitation and the limitation based on modified adjusted gross income with a $750,000 limit ($1.5 million in the case of a joint return) on the aggregate amount of qualified education loans that may be taken into account for the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 14, 2019 |
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
| March 14, 2019 |
Introduced in the House by Kathleen Rice (D-N.Y.) |