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BILL • NY HOUSE
A 1245

Provides for a personal income tax deduction for student loan payments

2025-2026 Regular Session
Introduced by Joe Angelino, Robert Carroll, Sarah Clark and 25 other co-sponsors

Establishes a New York state personal income tax deduction for qualified student loan principal and/or interest payments, reducing after-tax debt cost for NY borrowers.

PRINT NUMBER 1245A
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Bill Summary • A 1245
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