General Assembly Proposed Bill No. 5226
January Session, 2017 LCO No. 560
*00560*
Referred to Committee on COMMERCE
Introduced by:
REP. HARDING, 107th Dist.
General Assembly
Proposed Bill No. 5226
January Session, 2017
LCO No. 560
*00560*
Referred to Committee on COMMERCE
Introduced by:
REP. HARDING, 107th 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.