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CT HB05030

Bill

Status

Introduced

2/7/2024

Primary Sponsor

Devin Carney

Click for details

Origin

House of Representatives

2024 General Assembly

AI Summary

  • Establishes a personal income tax credit for Connecticut taxpayers who pay interest on student loans
  • Credit amount capped at a maximum of $1,000 per taxpayer
  • Amends Chapter 229 of the general statutes (Connecticut's personal income tax law)
  • Introduced by Rep. Carney (23rd District) and Rep. Cheeseman (37th District) during the February 2024 session
  • Referred to the Finance, Revenue and Bonding Committee for consideration

Legislative Description

An Act Establishing A Credit Against The Personal Income Tax For Interest Paid On Student Loans.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/7/2024

Committee Referrals

Finance, Revenue and Bonding2/7/2024

Full Bill Text

No bill text available