,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #ajgj  ,,in ,,the ,,house ,,of  
,,representatives  ,february #g1        
#bjai,mr4 ,cicilline 7for himself and   
,mr4 ,brendan ,f4 ,boyle of             
,pennsylvania7 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 dollar  
and income limitations on the deduction 
for student loan interest4  #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 in excess
 of #ajj1jjj 7twice such amount 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 #bjbj1
 the #ajj1jjj amount in subsection      
7b77#b77;,a7 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 #bjai for calendar year   
#bjaf in subparagraph 7,a77ii7 thereof4 
4  7d7 ,effective date ,the amendments  
made by this section shall apply to     
taxable years ending after ,december    
#ca1 #bjai4