There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/06/2001)

Amends the Internal Revenue Code to repeal the current dollar limitation on the deduction for interest on educational loans provision and replace it with a limitation on such deduction based on modified adjusted gross income. Repeals the 60-month limitation period on the allowance of the interest deduction on such loans.