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2018 SESSION

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HB 200 Income tax, state; subtraction for employer payment of qualified education loans.

Introduced by: Hala S. Ayala | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Individual income tax; subtraction for employer payment of qualified education loans. Establishes an individual income tax subtraction, beginning in taxable year 2018, for an unincorporated employer's contribution to the repayment of an employee's education loan. The bill provides that the maximum deduction per year shall be $5,250.


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