An Act relative to the accessibility and affordability of trade school education

This bill creates a new tax deduction for Massachusetts residents who attend private trade schools, allowing them to deduct tuition costs that exceed 25% of their income. It also modifies the existing student loan interest deduction to specifically include loans taken out for undergraduate programs at private trade schools, provided the loans were used solely for tuition and related expenses. Nonresidents are excluded from claiming these new benefits, and the bill ensures that individuals cannot claim deductions for the same educational expenses under more than one provision.