Establishes a college tuition tax deduction for tuition payments to public institutions in Massachusetts.

The bill proposes to amend the Massachusetts General Laws to include a new tax deduction for tuition payments made to public institutions of higher education. Specifically, it allows taxpayers to deduct 50% of their tuition costs, minus any scholarships, grants, or financial aid received. This deduction is not applicable if a deduction is already claimed under another subparagraph.

Establishes a college tuition tax deduction for tuition payments to public institutions in Massachusetts.

The bill proposes to amend the Massachusetts General Laws to include a new tax deduction for tuition payments made to public institutions of higher education. Specifically, it allows taxpayers to deduct 50% of their tuition costs, minus any scholarships, grants, or financial aid received. This deduction is not applicable if a deduction is already claimed under another subparagraph.