|
By Mr. Pignatelli of Lenox, petition (accompanied by bill, House, No. 3077) of William Smitty Pignatelli and others relative to income tax deductions for the cost of higher education. Revenue. |
The Commonwealth of Massachusetts
——————
PETITION OF:
Michael R. Knapik
Stephen M. Brewer
David B. Sullivan
Denise Provost
Carl M. Sciortino, Jr.
Geraldo Alicea
Kay Khan
Thomas M. Stanley
Susan C. Fargo
James E. Timilty
Jennifer M. Callahan
——————
In the Year Two Thousand and Seven.
——————
|
An Act providing an income tax exemption for certain higher education costs. |
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1.Paragraph (a) of Part (B) of section 3 of chapter 62 of the General laws, as appearing in the 2002 Official Edition, is hereby amended by adding the following subparagraph:-
(14) An amount equal to the costs of higher education to parents or students who attend community colleges, colleges and universities located in the commonwealth but shall not exceed $10,000.