General Assembly Proposed Bill No. 325
January Session, 2015 LCO No. 1855
*01855*
Referred to Committee on COMMERCE
Introduced by:
SEN. HWANG, 28th Dist.
General Assembly
Proposed Bill No. 325
January Session, 2015
LCO No. 1855
*01855*
Referred to Committee on COMMERCE
Introduced by:
SEN. HWANG, 28th Dist.
AN ACT MANDATING THE IMPLEMENTATION 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 the Commissioner of Economic and Community Development to establish the Learn Here, Live Here program, which helps 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.