2017 Regular Session
|At the request of:|
|Chief Sponsors:||Representative Johnson|
|Bill Title:||Relating to income tax subtractions for student loan interest; prescribing an effective date.|
Allows personal income taxpayers to subtract amounts paid as interest on qualified education loans from taxable income, in excess of amounts deducted on federal return.
Applies to interest paid in tax years beginning on or after January 1, 2017, and before January 1, 2023. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|