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 991
Allows personal income and corporate excise taxpayers to subtract from taxable income amounts paid as principal and interest on qualified education loans, if borrower is taxpayer or spouse, 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 and interest on qualified education loans, if borrower is taxpayer or spouse, dependent or employee of taxpayer. Reduces amount of allowed subtraction by amounts of interest deducted on federal return. Applies to loan payments made in tax years beginning on or after January 1, 2023, and before January 1, 2029. 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
February 22 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 action4 actions on 4 days
In the SenateFeb 22 to Jun 25 · stopped123 days
Waiting for a committeeFeb 22 to Feb 242 days
Finance and RevenueFeb 24 to Jun 25 · stopped121 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 Feb 22 – Jun 25
- Feb 22Introduced
- Feb 24Sent to Finance and Revenue
- Mar 14Heard in Finance and Revenue
- Jun 25Died when the session ended
All 4 actions, as published
- Feb 22Introduction and first reading. Referred to President's desk.Senate
- Feb 24Referred to Finance and Revenue.Senate
- Mar 14Public Hearing held.Senate
- Jun 25In committee upon adjournment.Senate