LCO No. 2036 1 of 1 General Assembly Proposed Bill No. 6472 January Session, 2019 LCO No. 2036 Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT Introduced by: REP. TURCO, 27th Dist. AN ACT ESTABLISHING A TAX CREDIT FOR GRADUATES OF 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 allow a credit against 1 personal income tax in an amount equal to the payment of student 2 loans by any individual who (1) receives a bachelor's or associate 3 degree from a public or independent nonprofit institution of higher 4 education in the state, and (2) is a resident in the state. 5 Statement of Purpose: To establish a personal income tax credit for graduates with a bachelor's or associate degree from a public or independent nonprofit institution of higher education who live in the state.