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Bill > H3308


MA H3308

To reduce graduate student loan debt


summary

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

Introduced Session

190th General Court

Bill Summary

Relative to higher education student loan tax deductions. Revenue.

AI Summary

This bill aims to expand the existing student loan tax deduction to include graduate education debt. Specifically, it adds the term "graduate education debt" to the existing law, which allows taxpayers to deduct interest paid on student loans for two-year or four-year college degrees. The new definition of "graduate education debt" includes loans obtained through state, federal, or commercial lenders to pay for tuition and other expenses related to graduate or professional degree programs.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Accompanied a study order, see H4244 (on 02/22/2018)

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