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H.R. 4846·105th Congress·House Bill

To amend the Internal Revenue Code of 1986 to increase the deduction allowed for interest on education loans.

IntroducedTrack

Latest action (15 Oct 1998): Introduced

What this bill does

Plain-English summary

Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.

Official summary

Amends the Internal Revenue Code to increase, up to a maximum of $5,000 for taxable years 2002 and thereafter, the deduction allowed for interest on education loans.

Common questions

What does H.R. 4846 do?
Amends the Internal Revenue Code to increase, up to a maximum of $5,000 for taxable years 2002 and thereafter, the deduction allowed for interest on education loans.
Has H.R. 4846 become law?
Not yet. As of 15 Oct 1998, H.R. 4846 is introduced.
Who sponsored H.R. 4846?
H.R. 4846 was sponsored by Rep. Tom Campbell [R-CA15, 1995-2000] (Republican-CA), with 0 cosponsors.
What's the latest action on H.R. 4846?
Introduced (15 Oct 1998).

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Bill100 mirrors the public U.S. legislative record from Congress.gov and GovTrack and adds plain-English AI summaries. It is an information tool, not legal, compliance or lobbying advice, and it is not affiliated with the U.S. Congress or any government agency. AI summaries can simplify or omit detail — every bill links to the official source; verify there before you rely on it.