Connecticut 2015 2015 Regular Session

Connecticut House Bill HB05134 Introduced / Bill

Filed 01/08/2015

                    General Assembly  Proposed Bill No. 5134
January Session, 2015  LCO No. 223
 *00223*
Referred to Committee on COMMERCE
Introduced by:
REP. BYRON, 27th Dist.

General Assembly

Proposed Bill No. 5134 

January Session, 2015

LCO No. 223

*00223*

Referred to Committee on COMMERCE 

Introduced by:

REP. BYRON, 27th Dist.

AN ACT MANDATING THE ESTABLISHMENT OF THE LEARN HERE, LIVE HERE PROGRAM.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That section 32-4i of the general statutes be amended to require that the Commissioner of Economic and Community Development establish the Learn Here, Live Here program.

Statement of Purpose: 

To require, rather than allow, the Commissioner of Economic and Community Development to establish the Learn Here, Live Here program, which would help students save toward a down payment on their first home in Connecticut by segregating a portion of their state income tax payments for up to ten years after they graduate.