Bill Text: CT SB00571 | 2017 | General Assembly | Introduced


Bill Title: An Act Concerning The Implementation Of The Learn Here, Live Here Program.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-02-17 - Public Hearing 02/23 [SB00571 Detail]

Download: Connecticut-2017-SB00571-Introduced.html

General Assembly

 

Proposed Bill No. 571

 

January Session, 2017

 

LCO No. 2974

 

*02974*

Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT

 

Introduced by:

 

SEN. BOUCHER, 26th Dist.

 

AN ACT CONCERNING 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 that assists higher education graduates in saving for 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.

Statement of Purpose:

To encourage higher education graduates to live and work in Connecticut.

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