General Assembly Proposed Bill No. 5182 February Session, 2014 LCO No. 737 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. HADDAD, 54th Dist. General Assembly Proposed Bill No. 5182 February Session, 2014 LCO No. 737 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. HADDAD, 54th Dist. AN ACT ESTABLISHING A DEDUCTION FROM INCOME TAX FOR THE INTEREST PAID ON STUDENT LOANS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That chapter 229 of the general statutes be amended to provide a deduction from the personal income tax for interest paid on student loans. Statement of Purpose: To provide relief to college graduates with burdensome college loans.