Bill

Bill > S1776


MA S1776

MA S1776
Excluding student loan forgiveness from taxable income for permanently and totally disabled veterans


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation to exclude student loan forgiveness from taxable income for permanently and totally disabled veterans. Revenue.

AI Summary

This bill aims to exclude student loan forgiveness from taxable income for permanently and totally disabled veterans. Specifically, it proposes to amend Massachusetts' tax laws to exempt any amount received by a veteran who is permanently and totally disabled due to the discharge of an educational loan under the federal Internal Revenue Code. This change would provide tax relief to disabled veterans who have had their student loans forgiven.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied H2778 (on 03/21/2024)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/S1776
BillText https://malegislature.gov/Bills/193/S1776.pdf
Loading...