H.R. 1196 — To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation on the amount of education loan interest which is allowable as a deduction.

Summary

Amends the Internal Revenue Code to repeal the 60-month limitation period on the allowance of the deduction for interest on loans for higher education expenses.

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Legislative Actions

1999-03-18
Introduced in House
1999-03-18
Introduced in House
1999-03-18
Sponsor introductory remarks on measure. (CR E494)
1999-03-18
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation on the amount of education loan interest which is allowable as a deduction.

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Summary

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