HB 5131·CT·house
AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR PRINCIPAL AND INTEREST PAID ON POSTSECONDARY EDUCATION LOANS.
In CommitteeFiled Feb 10, 2026
Sponsor: Patrick E. Callahan
Latest Action
REF. TO JOINT COMM. ON Finance, Revenue and Bonding
Feb 10, 2026
Summary
The bill would let Connecticut taxpayers deduct up to $10,000 of principal and interest paid on post‑secondary education loans from their state income tax. It is intended to lower the tax burden for borrowers and make financing higher education more affordable.
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