HOUSE DOCKET, NO. 2706 FILED ON: 1/16/2015
HOUSE . . . . . . . . . . . . . . . No. 2453
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The Commonwealth of Massachusetts
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PRESENTED BY:
Antonio F. D. Cabral
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act to Reduce Graduate Student Loan Debt.
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PETITION OF:
Name: | District/Address: | Date Added: |
Antonio F. D. Cabral | 13th Bristol | 1/16/2015 |
Jason M. Lewis | Fifth Middlesex | 11/13/2019 |
Claire D. Cronin | 11th Plymouth | 1/21/2015 |
Brian M. Ashe | 2nd Hampden | 11/13/2019 |
Jose F. Tosado | 9th Hampden | 11/13/2019 |
Ryan C. Fattman | Worcester and Norfolk | 11/13/2019 |
Bruce E. Tarr | First Essex and Middlesex | 11/13/2019 |
Leah Cole | 12th Essex | 11/13/2019 |
Brian A. Joyce | Norfolk, Bristol and Plymouth | 11/13/2019 |
Alan Silvia | 7th Bristol | 11/13/2019 |
Benjamin Swan | 11th Hampden | 11/13/2019 |
Chris Walsh | 6th Middlesex | 11/13/2019 |
Paul R. Heroux | 2nd Bristol | 11/13/2019 |
HOUSE DOCKET, NO. 2706 FILED ON: 1/16/2015
HOUSE . . . . . . . . . . . . . . . No. 2453
By Mr. Cabral of New Bedford, a petition (accompanied by bill, House, No. 2453) of Antonio F. D. Cabral and others for legislation to provide an income tax deduction for interest paid on certain graduate student loans. Revenue. |
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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An Act to Reduce Graduate Student Loan Debt.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1:
Section 3 of chapter 62 of the General Laws, as appearing in the 2012 Official Edition, is hereby amended by inserting after the word “debt”, in line 120, the following:
“or graduate education debt”.
SECTION 2:
Said section 3 of chapter 62, as so appearing, is hereby further amended by inserting after the sentence ending with the word “enrollment”, in line 129, the following:
“For the purposes of this subparagraph, the term “graduate education debt” shall mean any loan which was or is administered by the financial aid office of a non-profit institution offering a graduate or professional degree program at which the taxpayer, or a dependent of such taxpayer, pursuant to subparagraph (3) of paragraph (b) of Part B of this section, was enrolled as a graduate or professional degree student and which loan has been secured through a state student loan program, a federal student loan program or a commercial lender and which loan was obtained and expended solely for the purposes of paying tuition and other expenses directly related to such graduate or professional student enrollment.”