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HB05131Introduced in the House

An Act Establishing A Personal Income Tax Deduction For Principal And Interest Paid On Postsecondary Education Loans.

IntroducedJoint Finance, Revenue and Bonding

Introduced by Pat Callahan, District 108

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

To establish a personal income tax deduction of up to ten thousand dollars for the amount of principal and interest paid by a taxpayer for a taxable year on a postsecondary education loan.

Where it stands

Referred to Joint Committee on Finance, Revenue and Bonding

February 10, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Referred to Joint Committee on Finance, Revenue and Bonding

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