LCO No. 3236 1 of 2
General Assembly Proposed Bill No. 6891
January Session, 2019
LCO No. 3236
Referred to Committee on HIGHER EDUCATION AND
EMPLOYMENT ADVANCEMENT
Introduced by:
REP. HADDAD, 54
th Dist.
SEN. FLEXER, 29
th Dist.
AN ACT CONCERNING A DEDUCTION FROM THE PERSONAL
INCOME TAX FOR STUDENT LOAN INTEREST.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That title 12 of the general statutes be amended to establish a 1
deduction from the personal income tax for student loan interest, 2
provided (1) the taxpayer's filing status is any filing status except 3
married filing separately, (2) no other person is claiming an exemption 4
for the taxpayer on such other person's return, (3) the taxpayer is 5
legally obligated to pay interest on a qualified student loan, (4) the 6
taxpayer paid interest on a qualified student loan, and (5) the 7
maximum annual modification shall be equal to the amount of interest 8
paid on a qualified student loan, but (A) shall not exceed two thousand 9
five hundred dollars for each taxpayer, and (B) shall be prorated or 10
eliminated if the taxpayer's modified adjusted gross income is an 11
amount that would cause the same deduction to be prorated or 12
eliminated under federal law. 13 Proposed Bill No. 6891
LCO No. 3236 2 of 2
Statement of Purpose:
To provide tax relief to persons paying student loan interest by
establishing a deduction from the personal income tax for student loan
interest.