2020 House Bill 6480

Authorize tax breaks for college loan payments

Introduced in the House

Dec. 2, 2020

Introduced by Rep. David LaGrand (D-75)

To authorize a state income tax credit for up to 10 years equal to 50% of the annual college debt payments made by a resident who graduated from both a Michigan college and high school, or 25% if the person only graduated from either a Michigan high school or a Michigan college.

Referred to the Committee on Tax Policy