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CT HB05107

Bill

Official Source

Status

Introduced

2/15/2022

Primary Sponsor

Tammy Nuccio

Click for details

Origin

House of Representatives

2022 General Assembly

AI Summary

  • Creates a Connecticut personal income tax deduction for health care providers who make principal payments on their student loans
  • Applies to taxable years beginning on or after January 1, 2022
  • Deduction covers the full amount of principal paid during the taxable year (interest payments not included)
  • Amends Section 12-701 of the Connecticut General Statutes governing income tax provisions

Legislative Description

An Act Establishing A Personal Income Tax Deduction For Principal Paid By Health Care Providers On Their Student Loans.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/15/2022

Committee Referrals

Finance, Revenue and Bonding2/15/2022

Full Bill Text

No bill text available