Sen. Glazer Calls on State Leaders to Exempt Student Loan Forgiveness from Income Taxes

SACRAMENTO – Sen. Steve Glazer (D-Contra Costa) called Friday for Gov. Gavin Newsom and legislative leaders to ensure that Californians who qualify for federal student loan forgiveness do not have to pay state income taxes on their forgiven debt.
 
Glazer, a former California State University trustee who is chairman of the Senate Select Committee on Student  Success, said he plans to introduce urgency legislation on the first day of the new legislative session in December to exempt the forgiven debts from state taxes.