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CT HB05054

CT HB05054
An Act Establishing A Personal Income Tax Deduction For Student Loan Payments.


summary

Introduced
02/06/2026
In Committee
02/06/2026
Crossed Over
Passed
Dead

Introduced Session

2026 General Assembly

Bill Summary

To establish a personal income tax deduction of up to one thousand dollars for student loan payments made by a taxpayer for a taxable year.

AI Summary

This bill proposes to amend Chapter 229 of the general statutes to create a new personal income tax deduction, allowing taxpayers to deduct up to $1,000 in student loan payments they made during a taxable year, which is the period for which taxes are calculated.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding (on 02/06/2026)

bill text


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