,i #aafth ,,congress #ast ,session ,h4 ,r4 #cjih ,,in ,,the ,,house ,,of ,,representatives ,june #d1 #bjai,mr4 ,swalwell of ,california 7for himself1 ,mr4 ,khanna1 ,ms4 ,eshoo1 ,mr4 ,peters1 ,mr4 ,vargas1 ,mrs4 ,napolitano1 ,mr4 ,payne1 ,miss ,rice of ,new ,york1 ,ms4 ,lee of ,california1 ,mr4 ,quigley1 ,mr4 ,engel1 ,ms4 ,barragn1 ,ms4 ,roybal-,allard1 ,mr4 ,johnson of ,georgia1 ,ms4 ,moore1 ,ms4 ,meng1 ,mrs4 ,watson ,coleman1 ,mr4 ,thompson of ,mississippi1 ,mr4 ,veasey1 ,mr4 ,cohen1 and ,ms4 ,kaptur7 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 interest4 #a4 ,short title ,this ,act may be cited as the ,student ,loan ,interest ,deduction ,act of #bjai4 #b4 ,increase in deduction for student loan interest 7a7 ,increase in dollar limitation and repeal of limitation based on income ,section #bba7;b7 of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7b7 ,maximum deduction ,the deduction allowed by subsection 7a7 for the taxable year shall not exceed #e1jjj 7#aj1jjj in the case of a joint return74 4 7b7 ,conforming amendments ,section #bba of such ,code is amended by striking subsections 7e7 and 7f7 7relating to special rules and inflation adjustments1 respectively7 and inserting the following new subsection3 7e7 ,denial of double benefit ,no deduction shall be allowed under this section for any amount for which a deduction is allowable under any other provision of this chapter4 4 7c7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after the date of the enactment of this ,act4