Bill
Bill > S1892
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to establish the Massachusetts student relief and retention tax credit. Revenue.
AI Summary
This bill establishes the Massachusetts student relief and retention tax credit. The purpose of this credit is to provide an incentive for students to remain in Massachusetts after completing a degree from an accredited Massachusetts community college, college, or university. The credit is available to taxpayers who have been residents of Massachusetts for more than one year and can be claimed based on the monthly payments made on eligible education loans, up to a maximum of $1,000 for an associate degree, $2,000 for a bachelor's degree, and $3,000 for a graduate degree.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5250 (on 10/03/2022)
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/192/S1892 |
| Bill | https://malegislature.gov/Bills/192/S1892.pdf |
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