[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5508 Introduced in House (IH)]

113th CONGRESS
  2d Session
                                H. R. 5508

 To amend the Internal Revenue Code of 1986 to eliminate the marriage 
     penalty in the dollar limitation on the student loan interest 
                               deduction.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 17, 2014

   Mr. Pocan (for himself, Mrs. Davis of California, and Mr. Moran) 
 introduced the following bill; which was referred to the Committee on 
                             Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to eliminate the marriage 
     penalty in the dollar 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. SHORT TITLE.

    This Act may be cited as the ``Student Loan Interest Deduction 
Fairness Act''.

SEC. 2. ELIMINATION OF MARRIAGE PENALTY IN DOLLAR LIMITATION ON THE 
              STUDENT LOAN INTEREST DEDUCTION.

    (a) In General.--Section 221(b)(1) of the Internal Revenue Code of 
1986 is amended by striking ``shall not exceed'' and all that follows 
and inserting ``shall not exceed $2,500 (twice such amount in the case 
of a joint return)''.
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of the enactment of 
this Act.
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