# 119-s-4119: Student Loan Marriage Penalty Elimination Act of 2026

119-s-4119, Student Loan Marriage Penalty Elimination Act of 2026, is a 119th Congress bill sponsored by Sen. Warnock, Raphael G. [D-GA] (D-GA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-4119
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4119
- Congress: 119
- Title: Student Loan Marriage Penalty Elimination Act of 2026
- Status: introduced
- Introduced: 2026-03-17
- Sponsor: Sen. Warnock, Raphael G. [D-GA] (D-GA)
- Cosponsors: 3
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Lets each spouse claim up to $2,500 of student loan interest** so married couples filing jointly could potentially claim up to $5,000 in total. The bill would also add a rule to prevent the same interest from being deducted more than once. - Married couples: Couples who both pay student loan interest could increase their combined deduction to as much as $5,000 if both spouses qualify. - Single filers: Individual taxpayers keep the existing $2,500 cap per person, so their treatment does not change. - Tax interactions and timing: The bill would bar double claims of the same interest across tax rules and takes effect for taxable years beginning after December 31, 2026.

## Cosponsors (3)

- Sen. Lankford, James [R-OK] (R-OK), 2026-03-17T00:00:00.000Z
- Sen. Lummis, Cynthia M. [R-WY] (R-WY), 2026-03-17T00:00:00.000Z
- Sen. Bennet, Michael F. [D-CO] (D-CO), 2026-03-17T00:00:00.000Z

## Provisions PRIA read

- Higher student loan deduction for couples: benefit, high. This bill would let each spouse deduct up to $2,500 of student loan interest for their taxable year. If enacted, married couples filing jointly could together deduct up to $5,000. No deduction would be allowed under this section for any amount already deducted under another tax provision. The chang…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-199: A bill to amend the Internal Revenue Code of 1986 to provide special rules for the taxation of certain residents of Taiwan with income from sources within the…
- 119-s-1816: Improving Seniors’ Timely Access to Care Act of 2025
- 119-s-1261: CONNECT for Health Act of 2025
- 119-s-2120: Older Americans Act Reauthorization Act of 2025

## Sources
- [119-s-4119 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4119)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-199: A bill to amend the Internal Revenue Code of 1986 to provide special rules for…](https://policyrisk.com/legislation/119-s-199)
- [119-s-1816: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-s-1816)
- [119-s-1261: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-s-1261)
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4119 (as of 2026-04-21).