General Assembly Proposed Bill No. 6003
January Session, 2011 LCO No. 1752
Referred to Committee on Commerce
Introduced by:
REP. CAFERO, 142nd Dist. REP. CANDELORA, 86th Dist. REP. KLARIDES, 114th Dist.
General Assembly
Proposed Bill No. 6003
January Session, 2011
LCO No. 1752
Referred to Committee on Commerce
Introduced by:
REP. CAFERO, 142nd Dist.
REP. CANDELORA, 86th Dist.
REP. KLARIDES, 114th Dist.
AN ACT ESTABLISHING A LEARN HERE, LIVE HERE PROGRAM.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to require the Commissioner of Economic and Community Development, in consultation with the Commissioner of Revenue Services, to establish a Learn Here, Live Here Program for graduates of Connecticut institutes of higher education or regional vocational-technical schools who graduate on or after January 1, 2013, to segregate up to five per cent of state income tax paid into a first time homebuyers fund.
Statement of Purpose:
To establish the Learn Here, Live Here program and create the First-Time Homebuyers Fund to offer residents an affordable housing program that helps first-time homebuyers, promotes college education and addresses the ongoing problem of young people leaving the state after graduation.