Connecticut HB5113: AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR THE AMOUNT OF CANCELLED DEBT AND DEBT RELIEF RECEIVED BY A TAXPAYER FOR STUDENT LOANS, MEDICAL DEBT AND CREDIT CARD DEBT. · Delilah
Connecticut HB5113: AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR THE AMOUNT OF CANCELLED DEBT AND DEBT RELIEF RECEIVED BY A TAXPAYER FOR STUDENT LOANS, MEDICAL DEBT AND CREDIT CARD DEBT.
Status: In committee, April 16, 2026
What the bill says
An act EXEMPTING FROM THE PERSONAL INCOME TAX THE AMOUNT OF STATE AND FEDERAL DEBT SETTLEMENTS AND DEBT RELIEF RECEIVED BY A TAXPAYER FOR STUDENT LOANS, MEDICAL DEBT AND CREDIT CARD DEBT. Assembly convened: That chapter 229 of the general statutes be amended to exempt from the personal income tax the amount of any state and federal debt settlements and debt relief received by a taxpayer for student loans, medical debt and credit card debt. Statement of Purpose: To exempt from the personal income tax the amount of any state and federal debt settlements and debt relief received by a taxpayer for.
From the introduced text:
AN ACT EXEMPTING FROM THE PERSONAL INCOME TAX THE AMOUNT OF STATE AND FEDERAL DEBT SETTLEMENTS AND DEBT RELIEF RECEIVED BY A TAXPAYER FOR STUDENT LOANS, MEDICAL DEBT AND CREDIT CARD DEBT. Assembly convened: That chapter 229 of the general statutes be amended to exempt from the personal income tax the amount of any state and federal debt settlements and debt relief received by a taxpayer for student loans, medical debt and credit card debt. Statement of Purpose: To exempt from the personal income tax the amount of any state and federal debt settlements and debt relief received by a taxpayer for student loans, medical debt and credit card debt. LCO No. 591 1 of
HB5113 is a bill in the Connecticut Legislature (2026 General Assembly): AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR THE AMOUNT OF CANCELLED DEBT AND DEBT RELIEF RECEIVED BY A TAXPAYER FOR STUDENT LOANS, MEDICAL DEBT AND CREDIT CARD DEBT.
What does HB5113 do?
In its own words: An act EXEMPTING FROM THE PERSONAL INCOME TAX THE AMOUNT OF STATE AND FEDERAL DEBT SETTLEMENTS AND DEBT RELIEF RECEIVED BY A TAXPAYER FOR STUDENT LOANS, MEDICAL DEBT AND CREDIT CARD DEBT. Assembly convened: That chapter 229 of the general statutes be amended to exempt from the personal income tax the amount of any state and federal debt settlements and debt relief received by a taxpayer for student loans, medical debt and credit card debt. Statement of Purpose: To exempt from the personal income tax the amount of any state and federal debt settlements and debt relief received by a taxpayer for.
What is the status of HB5113?
In committee as of April 16, 2026. Latest action: File Number 662 (April 16, 2026).
Who sponsored HB5113?
Jason Rojas (D, 9), with 1 co-sponsor.
Where is the official record for HB5113?
On the Connecticut Legislature website: https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05113&which_year=2026