NY S01821 | 2025-2026 | General Assembly

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 14 2025 - 25% progression
Action: 2026-01-07 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes a personal income tax deduction for the interest paid on student loans by individual taxpayers having a federal adjusted income of between $65,000 and $125,000, and married taxpayers filing jointly having a federal adjusted income of between $130,000 and $250,000.

Tracking Information

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Title

Establishes a personal income tax deduction for the interest paid on student loans by individual taxpayers having a federal adjusted income of between $65,000 and $125,000, and married taxpayers filing jointly having a federal adjusted income of between $130,000 and $250,000.

Sponsors


History

DateChamberAction
2026-01-07SenateREFERRED TO BUDGET AND REVENUE
2025-01-14SenateREFERRED TO BUDGET AND REVENUE

Same As/Similar To

A08442 (Same As) 2026-01-07 - referred to ways and means

New York State Sources


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