[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[S. 2905 Introduced in Senate (IS)]







107th CONGRESS
  2d Session
                                S. 2905

      To repeal the sunset of the Economic Growth and Tax Relief 
 Reconciliation Act of 2001 with respect to the elimination of the 60-
  month limit and an increase in the income limitation on the student 
                        loan interest deduction.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 5, 2002

  Mr. Allard introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
      To repeal the sunset of the Economic Growth and Tax Relief 
 Reconciliation Act of 2001 with respect to the elimination of the 60-
  month limit and an increase in the income limitation on the student 
                        loan interest deduction.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REPEAL OF APPLICABILITY OF SUNSET OF THE ECONOMIC GROWTH AND 
              TAX RELIEF RECONCILIATION ACT OF 2001 WITH RESPECT TO 
              ELIMINATION OF 60-MONTH LIMIT AND INCREASE IN INCOME 
              LIMITATION ON STUDENT LOAN INTEREST DEDUCTION.

    Section 901 of the Economic Growth and Tax Relief Reconciliation 
Act of 2001 is amended by adding at the end the following new 
subsection:
    ``(c) Exception.--Subsection (a) shall not apply to the amendments 
made by section 412 (relating to elimination of 60-month limit and 
increase in income limitation on student loan interest deduction).''.
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