General Assembly Proposed Bill No. 5717
January Session, 2017 LCO No. 1279
*01279*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. FERRARO, 117th Dist.
General Assembly
Proposed Bill No. 5717
January Session, 2017
LCO No. 1279
*01279*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. FERRARO, 117th Dist.
AN ACT ESTABLISHING A TAX DEDUCTION FOR STUDENT LOAN INTEREST PAID.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 229 of the general statutes be amended to establish a tax deduction against the personal income tax for the amount of student loan interest paid by the taxpayer.
Statement of Purpose:
To provide relief to residents from student loan debt by establishing a tax deduction against the personal income tax for student loan interest paid.