Student Loan Marriage Penalty Elimination Act of 2025

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3285 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 3285

To amend the Internal Revenue Code of 1986 to allow married couples to 
apply the student loan interest deduction limitation separately to each 
                    spouse, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                              May 8, 2025

 Mr. Grothman (for himself, Mrs. Miller of Illinois, Ms. DelBene, Mr. 
Davis of Illinois, Mr. Clyde, Mr. Larson of Connecticut, Mr. McCormick, 
 Mr. Mullin, Mr. Rouzer, and Mr. Rulli) introduced the following bill; 
         which was referred to the Committee on Ways and Means

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                                 A BILL


 
To amend the Internal Revenue Code of 1986 to allow married couples to 
apply the student loan interest deduction limitation separately to each 
                    spouse, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Student Loan Marriage Penalty 
Elimination Act of 2025''.

SEC. 2. STUDENT LOAN INTEREST DEDUCTION LIMITATION APPLIED SEPARATELY 
              TO EACH SPOUSE.

    (a) In General.--Section 221(b)(1) of the Internal Revenue Code of 
1986 is amended to read as follows:
            ``(1) In general.--The interest taken into account with 
        respect to a taxpayer for a taxable year under subsection (a) 
        for indebtedness incurred by an individual shall not exceed 
        $2,500.''.
    (b) Conforming Amendments.--Section 221 of such Code is amended--
            (1) in subsection (b), by striking the heading and 
        inserting ``Dollar Limitations'', and
            (2) by amending subsection (e) to read as follows:
    ``(e) 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 chapter.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2024.
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