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Bill > S1776
MA S1776
MA S1776Excluding student loan forgiveness from taxable income for permanently and totally disabled veterans
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
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)
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/193/S1776 |
| BillText | https://malegislature.gov/Bills/193/S1776.pdf |
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