Establishes student loan repayment accounts; authorizes employers to establish student loan repayment accounts and provide matching funds up to $5000 a year; establishes tax deductions for participating employers.
Establishes the New York state energy savings program authorizing the establishment of energy savings accounts; establishes a personal income tax deduction for deposits into such accounts.
"Student Loan Debt Relief Tax Credit Act"; establishes gross income tax credit of up to $5,000 for certain student loan payments and makes an appropriation.
Creating the specialty practice student loan program and the specialty practice student loan repayment fund, allowing for the transfer of funds from the OBGYN and psychiatry medical student loan repayment funds to the specialty practice student loan repayment fund and abolishing the OBGYN and psychiatry medical student loan repayment funds.
Allows Rhode Island employers can help pay employees’ student loans in high-need fields if they work full-time for 2 years in undeserved areas and are in an income driven repayment plan. RISLA must provide annual reporting.