LCO No. 265 1 of 1
General Assembly Proposed Bill No. 5032
January Session, 2025
LCO No. 265
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
REP. CARNEY, 23rd Dist.
AN ACT ESTABLISHING A CREDIT AGAINST THE PERSONAL
INCOME TAX FOR 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 establish a 1
credit against the personal income tax of up to one thousand dollars for 2
interest paid on student loans by the taxpayer. 3
Statement of Purpose:
To establish a credit against the personal income tax for interest paid on
student loans by the taxpayer.