Did not become law. It stopped in the Senate's Finance and Revenue Committee on July 7, 2017. The 2017 session has ended.
2017 Regular Session
Senate Bill 1034
Allows personal income and corporate excise taxpayers to subtract from taxable income amounts paid as principal of or interest on qualified education loans, if borrower is taxpayer or spouse, or dependent or employee of taxpayer.
What it does
The synopsis the Legislative Assembly published with the bill.
Allows personal income and corporate excise taxpayers to subtract from taxable income amounts paid as principal of or interest on qualified education loans, if borrower is taxpayer or spouse, or dependent or employee of taxpayer. Reduces amount of allowed subtraction by amounts of interest deducted on federal return. Applies to interest paid in tax years beginning on or after January 1, 2017, and before January 1, 2023. Takes effect on 91st day following adjournment sine die.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Chief co-sponsors
Its course
March 21 to July 7, 2017, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action6 actions on 5 days
In the SenateMar 21 to Jul 7 · stopped108 days
Waiting for a committeeMar 21 to Mar 221 day
EducationMar 22 to Apr 2635 days
Finance and RevenueApr 26 to Jul 7 · stopped72 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the Senate Mar 21 – Jul 7
- Mar 21Introduced
- Mar 22Sent to Education
- Apr 18Heard in Education
- Apr 26Education recommended it, and that it go to Finance and Revenue
- Sent to Finance and Revenue
- Jul 7Died when the session ended
All 6 actions, as published
- Mar 21Introduction and first reading. Referred to President's desk.Senate
- Mar 22Referred to Education, then Finance and Revenue.Senate
- Apr 18Public Hearing and Work Session held.Senate
- Apr 26Recommendation: Do pass and be referred to Finance and Revenue by prior reference.Senate
- Apr 26Referred to Finance and Revenue by prior reference.Senate
- Jul 7In committee upon adjournment.Senate