MA H2411

Bill

To reduce graduate student loan debt

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to provide for a tax deduction for certain graduate student loan debt. Revenue.

AI Summary

This bill proposes to amend the Massachusetts state tax code to allow for a tax deduction for graduate student loan debt. It specifically defines "graduate education debt" as any loan administered by a non-profit institution's financial aid office for a graduate or professional degree program, secured through a state, federal, or commercial lender, and used solely for tuition and other education-related expenses. The purpose of this bill is to provide tax relief for individuals with graduate student loan debt.

Committee Categories

Budget and Finance

Sponsors (11)

Brian Ashe (D), Tony Cabral (D), Carlos González (D), Jim Hawkins (D), Stephen Hay (D), Kay Khan (D), Mark Montigny (D), Brian Murray (D), Angelo Puppolo (D), José Tosado (D), Andy Vargas (D),

Last Action

Accompanied a study order, see H5128 (on 11/19/2020)

Official Document

https://malegislature.gov/Bills/191/H2411

(10 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H2411
Bill	https://malegislature.gov/Bills/191/H2411.pdf

Bill	Bill Name	Last Action	Type
H2450	Promoting student loan repayment	Accompanied a study order, see H5040	Similar To
H2456	Encouraging home ownership by establishing a first time home buyers savings account	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H2491	Relative to charitable donations	Accompanied a study order, see H5128	Similar To
H2537	To create an income tax deduction for municipal and school fees	Accompanied a study order, see H5128	Similar To
H2575	Relative to gun safe deductions	Accompanied a study order, see H5080	Similar To
H2606	Allowing for the deduction of business interest	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H2630	To provide a tax deduction for charitable donations of food by farmers	Accompanied a study order, see H5080	Similar To
H5128	Study Order - Revenue matters	Discharged to the committee on House Rules	Replaced by
S1615	Relative to the income tax deduction for charitable giving	Accompanied a study order, see H5080	Similar To
S1717	To increase the commuter tax deduction to reflect rising costs	Accompanied a study order, see S2549	Similar To

Bill > H2411

MA H2411

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (11)

Last Action

Official Document

bill text

bill summary

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