General Assembly Proposed Bill No. 6394
January Session, 2017 LCO No. 2188
*02188*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. COOK, 65th Dist.
General Assembly
Proposed Bill No. 6394
January Session, 2017
LCO No. 2188
*02188*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
REP. COOK, 65th Dist.
AN ACT ESTABLISHING A REFUNDABLE CREDIT AGAINST THE PERSONAL INCOME TAX FOR EARLY CHILDHOOD TEACHERS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 229 of the general statutes be amended to establish a refundable tax credit against the personal income tax in the amount of (1) two thousand five hundred dollars for individuals who receive an associate degree in early childhood or a related field, and (2) five thousand dollars for individuals who receive a bachelor's degree in early childhood or a related field, provided such individuals teach in an early childhood program for not less than six months in a taxable year.
Statement of Purpose:
To address the shortage of qualified early childhood teachers by establishing a refundable tax credit for individuals who receive degrees in early childhood or a related field and teach in an early childhood program.