Provides for a personal income tax deduction for student loan payments

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 3 Compare versions History 6 Sponsors

Provides for a personal income tax deduction for student loan payments up to five thousand dollars.

Chamber: Senate
Introduced: Feb 3, 2025
Last action: Jun 15, 2026 — PRINT NUMBER 4202B
Session: 2025-2026
Momentum: 47 · Moderate

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Amended — base rate 13%, measured from NY's completed sessions
Momentum -1 47/100 from the pace of recorded action
Time since last action -16 117 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.