Some students could be closer to getting a break on their tuition as a bill that would provide students a $300 refundable tax credit passed out of the Utah Senate on Monday.
Senate Bill 62 would provide students who have an income less than $30,000 a year with a one-time $300 tax credit to be used for tuition and mandatory fees.
The credit would be provided by the general income tax. These taxes would provide $9 million to cover the credit for the most needy students in the state.
“If I qualified for the tax credit, I would definitely take advantage of it,” said Irene Zilbershteyn, a freshman in pre-nursing. “I think that this is a good thing for students who need the extra money.”
The bill, sponsored by Sen. Greg Bell, R-Fruit Heights, passed out of the Senate with 24 yeas, three nays and two absent.
The bill has now been moved to the House, where it was read for the first time Monday.