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 create an income tax credit for qualified tuition and fees for higher education. Revenue.
AI Summary
This bill proposes to create an income tax credit of up to 20% of the cost of qualified tuition and fees for higher education, with a maximum credit of $5,000 per tax year. Any excess credit can be applied over the following seven subsequent tax years. This tax credit is intended to provide financial assistance to individuals pursuing higher education.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H4728 (on 06/24/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/H2934 |
| BillText | https://malegislature.gov/Bills/193/H2934.pdf |
Loading...