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Bill > S08379
NY S08379
NY S08379Provides for the deduction of student loan interest from federal adjusted gross income.
summary
Introduced
02/18/2022
02/18/2022
In Committee
05/11/2022
05/11/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to providing for the deduction of student loan interest from federal adjusted gross income
AI Summary
This bill amends the New York tax law to allow taxpayers to deduct the interest paid on qualified student loans from their federal adjusted gross income, as provided under Section 221 of the Internal Revenue Code. The deduction is applicable for tax years beginning on or after January 1, 2023.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REPORTED AND COMMITTED TO FINANCE (on 05/11/2022)
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://www.nysenate.gov/legislation/bills/2021/S8379 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08379&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08379 |
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