Connecticut HB5131: AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR PRINCIPAL AND INTEREST PAID ON POSTSECONDARY EDUCATION LOANS.

What the bill says

An act ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR PRINCIPAL AND INTEREST PAID ON POSTSECONDARY EDUCATION LOANS. Assembly convened: That chapter 229 of the general statutes be amended to establish a personal income tax deduction of up to ten thousand dollars for the amount of principal and interest paid by a taxpayer for a taxable year on a postsecondary education loan. Statement of Purpose: To establish a personal income tax deduction of up to ten thousand dollars for the amount of principal and interest paid by a taxpayer for a taxable year on a postsecondary education loan. LCO No. 857.

From the introduced text:

AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR PRINCIPAL AND INTEREST PAID ON POSTSECONDARY EDUCATION LOANS. Assembly convened: That chapter 229 of the general statutes be amended to establish a personal income tax deduction of up to ten thousand dollars for the amount of principal and interest paid by a taxpayer for a taxable year on a postsecondary education loan. Statement of Purpose: To establish a personal income tax deduction of up to ten thousand dollars for the amount of principal and interest paid by a taxpayer for a taxable year on a postsecondary education loan. LCO No. 857 1 of

Read the full official text

Sponsors

• Patrick Callahan (R, 108) · primary sponsor
• Joe Polletta (R, 68)
• Greg Howard (R, 43)

Latest actions

1. February 10, 2026: Referred to Joint Committee on Finance, Revenue and Bonding