Allows student borrowers to carry over unused educational opportunity tax credits and make early loan payments.

This bill amends the Maine tax code to allow student borrowers to carry over unused educational opportunity tax credits from previous years and apply them to future tax years. It also permits borrowers to make early payments on eligible student loans and claim the tax credit based on those payments. The changes apply to tax years beginning on or after January 1, 2015, and before January 1, 2027.

Allows student borrowers to carry over unused educational opportunity tax credits and make early loan payments.

This bill amends the Maine tax code to allow student borrowers to carry over unused educational opportunity tax credits from previous years and apply them to future tax years. It also permits borrowers to make early payments on eligible student loans and claim the tax credit based on those payments. The changes apply to tax years beginning on or after January 1, 2015, and before January 1, 2027.