Bill

Bill > S1641


MA S1641

MA S1641
Relative to a family and education savings plan


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation relative to a family and education savings plan. Revenue.

AI Summary

This bill amends the Massachusetts General Laws to allow residents to deduct up to $5,000 (or $10,000 for married couples filing jointly) from their state income taxes for money spent on a variety of educational expenses. These expenses can include private school tuition and fees, education therapy services, textbooks, online courses, exams, tutoring, curriculum, and college textbooks. The deduction applies to contributions made to prepaid tuition programs or state college savings programs established by the Commonwealth of Massachusetts.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see S2497 (on 04/30/2018)

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