General Assembly Proposed Bill No. 5017
February Session, 2016 LCO No. 156
*00156*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. HARDING, 107th Dist.
General Assembly
Proposed Bill No. 5017
February Session, 2016
LCO No. 156
*00156*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. HARDING, 107th Dist.
AN ACT ESTABLISHING A TAX CREDIT FOR INTEREST AND PRINCIPAL 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 credit against the personal income tax for interest and principal paid on student loans.
Statement of Purpose:
To provide a credit against the personal income tax for interest and principal paid on student loans.