Sponsors: Sen. Matt Jones (D-Louisville), Rep. Dominick Moreno (D-Commerce City)
Status: Introduced and assigned to the Senate State, Veterans & Military Affairs Committee on Jan. 14. The Senate State, Veterans & Military Affairs Committee killed the bill on Feb. 2.
What the bill would have done: This bill would have created a state income tax deduction for student loans payments beginning in tax year 2016. The deduction would have been equal to the principal and interest paid by a taxpayer, minus any federal deductions.
How it would have affected your refund: This bill would have reduced the average taxpayer refund by $9.32 in fiscal year 2015-16.
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