Bill Text: CT HB05167 | 2011 | General Assembly | Introduced

Connecticut House Bill 5167 (Prior Session Legislation)

Introduced

Bill Title: An Act Establishing The Learn Here, Live Here Program.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2011-01-11 - Referred to Joint Committee on Higher Education and Employment Advancement [HB05167 Detail]

Download: Connecticut-2011-HB05167-Introduced.html


General Assembly		*Proposed Bill No. 5167*
*January Session, 2011*		LCO No. 324

Referred to Committee on Higher Education and Employment Advancement
Introduced by:
REP. DAVIS C., 57th Dist.

AN ACT ESTABLISHING THE LEARN HERE, LIVE HERE PROGRAM.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to allow a student, who graduates from a public or independent institution of higher education in this state or from a regional vocational-technical school, to elect, on or after January 1, 2013, to use a certain amount of the sum paid by such student for the income tax under chapter 229 of the general statutes toward the purchase of such student's first home in this state or the start-up of a new business by such student in this state.

Statement of Purpose:

To enable students who graduate from institutions of higher education in Connecticut to participate in a savings plan to help them purchase their first home or start a new business in Connecticut.