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HB7536Introduced in the House

GRADUATE Act Generating Relief for Academic Debt Using Assisted Tax Efficiency Act

IntroducedHouse Ways And Means

Introduced by Daniel Goldman, District NY-10

What does this bill do?

Plain-English breakdown

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Official description

To amend the Internal Revenue Code of 1986 to expand the deduction for student loan interest to include payments toward principal, and to increase the value of the deduction.

Where it stands

Referred to the House Committee on Ways and Means.

February 12, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. Introduced in House

  2. Referred to the House Committee on Ways and Means.

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