Bill
Bill > S1741
summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to establish a tax credit for individuals paying college tuition. Revenue.
AI Summary
This bill establishes a tax credit for individuals paying college tuition. The bill amends Chapter 62 of the law to allow a credit of up to 20% of the cost of qualified tuition and fees for higher education, with a maximum credit of $5,000 per tax year. Any excess credit can be applied over the following seven subsequent tax years.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5080 (on 11/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/S1741 |
| Bill | https://malegislature.gov/Bills/191/S1741.pdf |
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