Did not become law. It stopped in the Senate's Finance and Revenue Committee on June 25, 2023. The 2023 session has ended.
2023 Regular Session
Senate Bill 447
Allows personal income taxpayer to subtract from taxable income amounts paid as interest on qualified education loans, if income does not exceed threshold amount.
What it does
The synopsis the Legislative Assembly published with the bill.
Allows personal income taxpayer to subtract from taxable income amounts paid as interest on qualified education loans, if income does not exceed threshold amount. Limits amount of subtraction. Reduces amount of subtraction by amount of interest deducted on federal return. Applies to interest paid in tax years beginning on or after January 1, 2024, and before January 1, 2030. 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.
Its course
January 9 to June 25, 2023, 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 action5 actions on 4 days
In the SenateJan 9 to Jun 25 · stopped167 days
Waiting for a committeeJan 9 to Jan 145 days
Finance and RevenueJan 14 to Jun 25 · stopped162 days
Votes
Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.
Finance and Revenue12–16
Apr 18 · 2 present
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 Jan 9 – Jun 25
- Jan 9Introduced
- Jan 14Sent to Finance and Revenue
- Jun 25Died when the session ended
All 5 actions, as published
- Jan 9Introduction and first reading. Referred to President's desk.Senate
- Jan 14Referred to Finance and Revenue.Senate
- Apr 18Motion to withdraw from committee on Finance and Revenue failed.Senate
- Apr 18Vote explanation(s) filed by Campos, Sollman.Senate
- Jun 25In committee upon adjournment.Senate