AN ACT ESTABLISHING A PERSONAL INCOME TAX DEDUCTION FOR COLLEGE TUITION PAYMENTS MADE BY A TAXPAYER.

SB 108 would create a personal income tax deduction for taxpayers who pay college tuition directly. This means eligible taxpayers could reduce their taxable income by the amount spent on qualifying tuition payments. The bill specifically targets individuals covering tuition costs for themselves or their dependents, not schools or scholarship recipients. It would amend existing tax law to add this deduction, lowering the overall tax liability for affected filers. The policy directly benefits taxpayers making college tuition payments, with no broader educational funding changes included.