Loading chat...

MA H3116

Bill

Official Source

Status

Introduced

2/27/2025

Primary Sponsor

Richard Haggerty

Click for details

Origin

House of Representatives

194th General Court

AI Summary

  • Amends Massachusetts General Laws Chapter 62 to exclude forgiven student loan amounts from state taxable income for veterans who are permanently and totally disabled
  • Applies specifically to educational loan discharges under Internal Revenue Code section 108(f)(5)(A)(iii), which covers Total and Permanent Disability (TPD) discharge
  • Filed on January 17, 2025 by Representatives Richard M. Haggerty (30th Middlesex/Woburn) and Jessica Ann Giannino (Revere)
  • Referred to the House Committee on Revenue

Legislative Description

Excluding student loan forgiveness from taxable income for permanently and totally disabled veterans

Last Action

Hearing scheduled for 06/24/2025 from 10:30 AM-01:00 PM in A-2

6/17/2025

Committee Referrals

Revenue2/27/2025

Full Bill Text

No bill text available