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Bill > H4214


MA H4214

Promoting student loan repayment


summary

Introduced
02/12/2018
In Committee
02/12/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Promoting student loan repayment

AI Summary

This bill amends the Massachusetts tax code to allow individuals to exclude from their taxable income the amount of student loan payment assistance they receive from their employer during the taxable year. The bill defines "student loan payment assistance" as the payment of principal or interest on a qualified education loan, as defined in the Internal Revenue Code.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

No further action taken (on 01/01/2019)

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