0
0
0
To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation period on the allowance of a deduction of interest on loans for higher education expenses.
1/16/2023, 11:33 PM
Congressional Summary of HR 686
Amends the Internal Revenue Code to eliminate the 60-month limit on student loan interest deductions.
Read the Full Bill
Current Status of Bill HR 686
Bill HR 686 is currently in the status of Bill Introduced since February 14, 2001. Bill HR 686 was introduced during Congress 107 and was introduced to the House on February 14, 2001. Bill HR 686's most recent activity was See H.R.1836. as of August 13, 2001
Bipartisan Support of Bill HR 686
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
58Democrat Cosponsors
56Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 686
Primary Policy Focus
TaxationPotential Impact Areas
- Education
- Finance and Financial Sector
- Higher education
- Income tax
- Interest
- Personal income tax
- Student loan funds
- Tax deductions
Alternate Title(s) of Bill HR 686
To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation period on the allowance of a deduction of interest on loans for higher education expenses.
To amend the Internal Revenue Code of 1986 to repeal the 60-month limitation period on the allowance of a deduction of interest on loans for higher education expenses.
Comments
Sponsors and Cosponsors of HR 686
Latest Bills
Premenstrual Dysphoric Disorder Awareness and Research Act of 2026
Bill HR 8160March 31, 2026
Reproductive Healthcare Leave Act
Bill HR 8158March 31, 2026
Gynecologic Pain Management Study Act
Bill HR 8159March 31, 2026
Supporting the goals and ideals of Social Work Month and World Social Work Day on March 17, 2026.
Bill HRES 1149March 31, 2026
Expressing support for the recognition of April as "National Language Access Month".
Bill HRES 1148March 31, 2026
Recognizing the United States legacy of dismissed pain and denied autonomy in women's health care, and affirming the Federal Government's duty to protect individual dignity and advance patient-centered care in women's health.
Bill HRES 1147March 31, 2026
Proposing an amendment to the Constitution of the United States to ensure that only citizens are eligible to vote in Federal elections.
Bill HJRES 152March 31, 2026
To provide relief from high energy bills, and for other purposes.
Bill HR 7977March 31, 2026
Dental Care for Veterans Act
Bill HR 210March 31, 2026
STOP Nitazenes Act
Bill HR 7970March 31, 2026
Economic Growth and Tax Relief Reconciliation Act of 2001
Bill HR 1836January 16, 2023