Modification Higher Education Expenses Income Tax Incentive
| Type | Bill |
|---|---|
| Session | 2025 Regular Session |
| Subjects |
Concerning the administration of the income tax incentive for certain higher education costs incurred by eligible students, and, in connection therewith, making an appropriation.
Bill Summary:
The state allows a student pursuing higher education who satisfies statutorily specified eligibility criteria to claim an income tax incentive for amounts paid for tuition and fees for qualifying academic semesters or terms that the student completes. The act clarifies the statute that provides for the income tax incentive to improve the administration, including data tracking and reporting, of the incentive.
For the 2025-26 state fiscal year, $135,446 is appropriated from the general fund to the department of revenue for use by the taxation business group to implement the act.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 25-319 to the Committee of the Whole. | The motion passed on a vote of 8-3. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 25-319 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 7-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/05/2025 | Third Reading | BILL |
44
AYE
20
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/02/2025 | Third Reading | BILL |
34
AYE
0
NO
1
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 06/04/2025 | Governor | Governor Signed |
| 05/13/2025 | House | Signed by the Speaker of the House |
| 05/13/2025 | Senate | Signed by the President of the Senate |
| 05/13/2025 | Governor | Sent to the Governor |
| 05/05/2025 | House | House Third Reading Passed - No Amendments |
| 05/03/2025 | House | House Second Reading Special Order - Passed - No Amendments |
| 05/03/2025 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 05/02/2025 | House | Introduced In House - Assigned to Appropriations |
| 05/02/2025 | Senate | Senate Third Reading Passed - No Amendments |
| 05/01/2025 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 05/01/2025 | Senate | Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 04/29/2025 | Senate | Introduced In Senate - Assigned to Appropriations |
Prime Sponsor
Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 06/04/2025 | 432 | Mod Higher Ed Expenses Income Tax Incentive |