HB 5131

General Assembly  Proposed Bill No. 5131
      February Session, 2026  LCO No. 857
    Referred to Committee on  FINANCE, REVENUE AND
    BONDING
    Introduced by:
     REP. CALLAHAN, 108th Dist.
     REP. POLLETTA, 68th Dist.
 AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION
 FOR PRINCIPAL AND INTEREST PAID ON POSTSECONDARY
 EDUCATION LOANS.
 Be it enacted by the Senate and House of Representatives in General
 Assembly convened:
1        That chapter 229 of the general statutes be amended to establish a
2      personal income tax deduction of up to ten thousand dollars for the
3      amount of principal and interest paid by a taxpayer for a taxable year
4      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 1