I 
109TH CONGRESS 
2D SESSION 
H. R. 4837 
To amend the Internal Revenue Code of 1986 to expand the tax incentives 
for higher education. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 1, 2006 
Ms. ZOE LOFGREN of California introduced the following bill; which was 
referred to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to expand 
the tax incentives for higher education. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Affordable College 
Education Act of 2006’’. 
SEC. 2. DEDUCTION FOR ALL HIGHER EDUCATION EX-
PENSES FOR ALL TAXPAYERS. 
(a) DEDUCTION FOR ALL HIGHER EDUCATION EX-
PENSES.—
(1) IN GENERAL.—Section 222 of the Internal 
Revenue Code of 1986 (relating to deduction for 
qualified tuition and related expenses) is amended 
by striking ‘‘qualified tuition and related expenses’’ 
each place it appears and inserting ‘‘qualified higher 
education expenses’’. 
(2) 
QUALIFIED
HIGHER
EDUCATION
EX-
PENSES.—Paragraph (1) of section 222(d) of such 
Code is amended to read as follows: 
‘‘(1) QUALIFIED
HIGHER
EDUCATION
EX-
PENSES.—The term ‘qualified higher education ex-
penses’ has the meaning given to such term by sec-
tion 221(d)(2).’’. 
(b) REPEAL OF DOLLAR LIMITATION AND LIMITA-
TION BASED ON ADJUSTED GROSS INCOME.—Section 222 
of such Code is amended by striking subsection (b) and 
by redesignating subsections (c) and (d) as subsections (b) 
and (c), respectively. 
(c) REPEAL OF TERMINATION.—Section 222 of such 
Code is amended by striking subsection (e). 
(d) CONFORMING AMENDMENTS.— 
(1) The item relating to section 222 in the table 
of sections for part VII of subchapter B of chapter 
1 of such Code is amended by striking ‘‘QUALIFIED 
TUITION AND RELATED EXPENSES’’ and insert-
ing 
‘‘QUALIFIED
HIGHER
EDUCATION
EX-
PENSES’’. 
(2) Subsection (c) of section 222 of such Code 
(as redesignated by subsection (b)) is amended by 
striking paragraph (4) and by redesignating para-
graphs (5) and (6) as paragraphs (4) and (5), re-
spectively. 
(e) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2005. 
SEC. 3. INCREASE IN PHASEOUT OF DEDUCTION FOR EDU-
CATION LOAN INTEREST. 
(a) 
IN
GENERAL.—Subclause 
(II) 
of 
section 
221(b)(2)(B)(i) of the Internal Revenue Code of 1986 is 
amended by striking ‘‘$50,000 ($100,000 in the case of 
a joint return)’’ and inserting ‘‘$350,000 ($700,000 in the 
case of a joint return)’’. 
(b) INFLATION ADJUSTMENTS.—Paragraph (1) of 
section 221(f) of such Code (relating to inflation adjust-
ments) is amended by striking ‘‘2002, the $50,000 and 
$100,000’’ and inserting ‘‘2006, the $350,000 and 
$700,000’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2005.
SEC. 4. REPEAL OF EGTRRA SUNSETS WITH RESPECT TO 
INTEREST ON EDUCATION LOANS AND QUALI-
FIED TUITION AND RELATED EXPENSES. 
Section 901 of the Economic Growth and Tax Relief 
Reconciliation Act of 2001 shall not apply to sections 412 
(relating to elimination of 60-month limit and increase in 
income limitation on student loan interest deduction) and 
431 (relating to deduction for higher education expenses) 
of such Act. 
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