Student Loan Marriage Penalty Elimination Act of 2026

Hozzl · 2026-04-01T22:18:30Z

Explore the details of Senate Bill 4119 Student Loan Marriage Penalty Elimination Act of 2026 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

4/1/2026, 10:18 PM

Summary of Bill S 4119

This bill, titled "A bill to amend the Internal Revenue Code of 1986 to allow married couples to apply the student loan interest deduction limitation separately to each spouse, and for other purposes," was introduced in the 119th Congress on March 17, 2026.

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Current Status of Bill S 4119

Bill S 4119 is currently in the status of Bill Introduced since March 17, 2026. Bill S 4119 was introduced during Congress 119 and was introduced to the Senate on March 17, 2026. Bill S 4119's most recent activity was Read twice and referred to the Committee on Finance. as of March 17, 2026

Bipartisan Support of Bill S 4119

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4119

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 4119

A bill to amend the Internal Revenue Code of 1986 to allow married couples to apply the student loan interest deduction limitation separately to each spouse, and for other purposes.