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CT HB05775

Bill

Official Source

Status

Introduced

1/24/2013

Primary Sponsor

Tony Hwang

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Amends section 32-4i of the general statutes to require the Commissioner of Economic and Community Development to establish the Learn Here, Live Here program
  • Program allows students to save toward a down payment on their first home in Connecticut by setting aside a portion of their state income tax payments
  • Participants can accumulate savings for up to ten years after graduation
  • Changes the program from discretionary to mandatory establishment by the Commissioner

Legislative Description

An Act Mandating The Establishment Of The Learn Here, Live Here Program.

Last Action

Referred to Joint Committee on Commerce

1/24/2013

Committee Referrals

Commerce1/24/2013

Full Bill Text

No bill text available