,i #aagth ,,congress #ast ,session ,h4 ,r4 #bihc ,,in ,,the ,,house ,,of ,,representatives ,may #d1 #bjba,mr4 ,kinzinger 7for himself and ,mrs4 ,murphy 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 allow the deduction for interest paid on student loans without reduction for employer educational assistance4 #a4 ,short title ,this ,act may be cited as the ,readily ,ending ,debt ,under ,corporate ,engagement ,act of #bjba or the ,,reduce ,act of #bjba4 #b4 ,student loan interest deduction not offset by employer educational assistance 7a7 ,in general ,section #bba7;d77#b77;,a7 of the ,internal ,revenue ,code of #aihf is amended by striking #abg14 7b7 ,change to denial of double benefit rule ,section #bba7;e77#a7 of such ,code is amended by striking 1 or for which an exclusion is allowable under section #abg to the taxpayer by reason of the payment by the taxpayer's employer of any indebtedness on a qualified education loan of the taxpayer4 7c7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjbj4