Old | New | Differences | |
---|---|---|---|
1 | 1 | ||
2 | 2 | ||
3 | 3 | LCO No. 1225 1 of 1 | |
4 | 4 | ||
5 | 5 | General Assembly Proposed Bill No. 5711 | |
6 | 6 | January Session, 2019 | |
7 | 7 | LCO No. 1225 | |
8 | 8 | ||
9 | 9 | ||
10 | 10 | Referred to Committee on HOUSING | |
11 | 11 | ||
12 | 12 | ||
13 | 13 | Introduced by: | |
14 | 14 | REP. TURCO, 27th Dist. | |
15 | 15 | ||
16 | 16 | ||
17 | 17 | ||
18 | 18 | AN ACT ESTABLISHING A CREDIT AGAINST THE PERSONAL | |
19 | 19 | INCOME TAX FOR THE PURCHASE OF A HOUSE BY FIRST -TIME | |
20 | 20 | HOMEBUYERS. | |
21 | 21 | Be it enacted by the Senate and House of Representatives in General | |
22 | 22 | Assembly convened: | |
23 | 23 | ||
24 | 24 | That title 12 of the general statutes be amended to establish a credit 1 | |
25 | 25 | against the personal income tax for first-time homebuyers of up to ten 2 | |
26 | 26 | per cent of the purchase price of a house, to a maximum of seven 3 | |
27 | 27 | thousand five hundred dollars, provided such house is the primary 4 | |
28 | 28 | residence of the homebuyer for at least five years from the date of 5 | |
29 | 29 | purchase. 6 | |
30 | 30 | Statement of Purpose: | |
31 | 31 | To establish a first-time homebuyers' tax credit program. |