Student Loan Interest Deduction Act

(H.R. 509)

This legislation would expand the student loan interest deduction by increasing the maximum tax deduction from $2,500 to $5,000 for individuals ($10,000 for joint filers) and would repeal the income-based phase-outs of $65,000 for individuals ($130,000 for joint filers) in the current deduction.
Status: Rep. Charlie Rangel (D-N.Y.-13) introduced H.R. 509 on Jan. 22, 2015 and it was referred to the House Committee on Ways and Means.
AVMA Position: Active Pursuit of Passage
Primary Contact: Gina Luke

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