Bill > S1916

This bill aims to improve the accessibility and affordability of trade school education. It does this by introducing two key provisions: 1. It allows taxpayers to deduct from their state income tax the amount by which their tuition payments to a private occupational school (as defined in state law) exceed 25% of their Massachusetts adjusted gross income, with certain limitations. 2. It expands an existing deduction for education debt payments to include loans obtained to pay for tuition and expenses at private occupational schools, in addition to two-year and four-year colleges. Taxpayers can only claim one of these deductions for the same expenses. The goal of these changes is to make trade school education more accessible and affordable for Massachusetts residents by providing tax relief for the significant costs associated with attending these programs.

Budget and Finance

https://malegislature.gov/Bills/193/S1916