SENATE DOCKET, NO. 1316        FILED ON: 1/16/2015

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1469

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Eileen M. Donoghue

_________________

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 encouraging employee student loan assistance.

_______________

PETITION OF:

 

Name:

District/Address:

Eileen M. Donoghue

First Middlesex

James B. Eldridge

Middlesex and Worcester

Leonard Mirra

2nd Essex

Bruce E. Tarr

First Essex and Middlesex

James Arciero

2nd Middlesex


SENATE DOCKET, NO. 1316        FILED ON: 1/16/2015

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1469

By Ms. Donoghue, a petition (accompanied by bill, Senate, No. 1469) of Eileen M. Donoghue, James B. Eldridge, Leonard Mirra, Bruce E. Tarr and others for legislation to encourage employee student loan assistance.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Eighty-Ninth General Court
(2015-2016)

_______________

 

An Act encouraging employee student loan assistance.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Paragraph (a) of Part B of section 3 of chapter 62 of the General Laws, appearing in the 2014 Official Edition, is hereby amended by inserting after subparagraph (12), the following subparagraph:-

(12A) An amount equal to the principal payments on education debts paid by an employer on behalf of an employee; provided, however, that the amount of the deduction shall not exceed $3,600.  For purposes of this subparagraph, “education debt” shall have the same meaning as defined in subparagraph (12).