General Assembly Proposed Bill No. 5060 January Session, 2017 LCO No. 308 *00308* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. BYRON, 27th Dist. General Assembly Proposed Bill No. 5060 January Session, 2017 LCO No. 308 *00308* Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. BYRON, 27th Dist. AN ACT ESTABLISHING A TAX CREDIT FOR INDIVIDUALS WHO GRADUATE FROM INSTITUTIONS OF HIGHER EDUCATION IN THE STATE. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to establish a tax credit against the personal income tax, for a limited period of time and based on the category of degree earned, for individuals who graduate from any institution of higher education in the state. Statement of Purpose: To encourage individuals who attend institutions of higher education in the state to remain in the state after graduation from such institution.