SENATE DOCKET, NO. 1111        FILED ON: 1/17/2019

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1626

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Brendan P. Crighton

_________________

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 excluding student loan forgiveness from taxable income for permanently and totally disabled veterans.

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PETITION OF:

 

Name:

District/Address:

 

Brendan P. Crighton

Third Essex

 

David F. DeCoste

5th Plymouth

1/30/2019

Patrick M. O'Connor

Plymouth and Norfolk

1/30/2019


SENATE DOCKET, NO. 1111        FILED ON: 1/17/2019

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1626

By Mr. Crighton, a petition (accompanied by bill, Senate, No. 1626) of Brendan P. Crighton, David F. DeCoste and Patrick M. O'Connor for legislation to exclude student loan forgiveness from taxable income for permanently and totally disabled veterans.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-First General Court
(2019-2020)

_______________

 

An Act excluding student loan forgiveness from taxable income for permanently and totally disabled veterans.

 

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. Paragraph (2) of subsection (a) of section 2 of chapter 62 of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by adding the following subparagraph:-

(R) Any amount received by a veteran who is permanently and totally disabled that would be includible in gross income for such taxable year by reason of the discharge of an educational loan under section 108(f)(5)(A)(iii) of the Code.