,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #cegc  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bh1 #bjag,mr4 
,cicilline 7for himself1 ,mr4 ,brendan  
,f4 ,boyle of ,pennsylvania1 ,mr4       
,evans1 ,mr4 ,kilmer1 ,mr4 ,nolan1 and  
,ms4 ,wilson of ,florida7 introduced the
 following bill2 which was referred to  
the ,committee on ,ways and ,means  ,a  
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to increase the         
deduction allowed for student loan      
interest and the limitation based on    
income1 and for other purposes4  #a4    
,short title ,this ,act may be cited as 
the ,student ,loan ,interest ,tax       
,deduction ,expansion ,act4  #b4        
,increase in dollar limitation and      
income limitation on student loan       
interest deduction  7a7 ,increase in    
dollar limitation on student loan       
interest deduction ,paragraph 7#a7 of   
section #bba7;b7 of the ,internal       
,revenue ,code of #aihf is amended by   
striking #b1ejj and inserting #g1ejj    

7#ae1jjj in the case of a joint return74
  7b7 ,increase in income limitation on 
student loan interest deduction         
,paragraph 7#b7 of section #bba7;b7 of  
such ,code is amended to read as        
follows3  7#b7 ,limitation based on     
modified adjusted gross income  7,a7 ,in
 general ,no deduction shall be allowed 
under subsection 7a7 to a taxpayer with 
a modified adjusted gross income over   
#ajj1jjj 7#bjj1jjj in the case of a     
joint return74  7,b7 ,modified adjusted 
gross income ,the term modified adjusted
 gross income means adjusted gross      
income determined-- 7i7 without regard  
to this section and sections #aii1 #bbb1
 #iaa1 #ica1 and #icc1 and  7ii7 after  
application of sections #hf1 #ace1 #acg1
 #bai1 and #dfi4  4  7c7 ,conforming    
amendment ,paragraph 7#a7 of section    
#bba7;f7 of such ,code is amended to    
read as follows3  7#a7 ,in general ,in  
the case of a taxable year beginning    
after #bjah1 the #ajj1jjj and #bjj1jjj  
amounts in subsection 7b77#b7 shall each

 be increased by an amount equal to--   
7,a7 such dollar amount1 multiplied by  
7,b7 the cost-of-living adjustment      
determined under section #a7;f77#c7 for 
the calendar year in which the taxable  
year begins1 determined by substituting 
calendar year #bjag for calendar year   
#aiib in subparagraph 7,b7 thereof4  4  
7d7 ,effective date ,the amendments made
 by this section shall apply to taxable 
years ending after ,december #ca1 #bjag4