House Bill 1522

ARCHIVE (2003)

Latest Information

 
DIGEST OF INTRODUCED BILL

Student loan tax credit. Creates an income tax credit for employees of the state of Indiana or a political subdivision who pay interest on educational loans. Provides that the tax credit may equal up to 50% of the loan interest paid by the employee in a taxable year. Allows that the employee to carry over excess credit to succeeding taxable years.
Current Status:
 In Committee - first House
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