Bill
Bill > H3766
MA H3766
MA H3766Establishing an income tax credit for parents contributing to a child's college tuition
summary
Introduced
04/10/2023
04/10/2023
In Committee
04/10/2023
04/10/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
For legislation to establish an income tax credit for parents contributing to college tuitions. Revenue.
AI Summary
This bill establishes an income tax credit for parents contributing to their child's college tuition. The credit is $2,500 per child, provided that the child is a dependent of the taxpayer and the taxpayer's annual income is less than $100,000. The income threshold is adjusted annually based on the percentage change in the consumer price index, a measure of inflation.
Committee Categories
Budget and Finance
Sponsors (6)
Carol Doherty (D)*,
James Arena-Derosa (D),
Jim Hawkins (D),
Steven Howitt (R),
Brian Murray (D),
Bruce Tarr (R),
Last Action
Accompanied a study order, see H4727 (on 06/24/2024)
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/H3766 |
| BillText | https://malegislature.gov/Bills/193/H3766.pdf |
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