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CT HB05776

Bill

Official Source

Status

Introduced

1/24/2013

Primary Sponsor

Lawrence Cafero

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Increases the total annual amount that may be segregated from income tax liability of all program participants from $1 million to $10 million
  • Changes the name of the Connecticut first-time homebuyers account to the Learn Here, Live Here account
  • Allows program participants to segregate 100% of their income tax liability to the Learn Here, Live Here account
  • Permits program participants to apply funds to student loan payments or new business formation in the state, in addition to first home purchases

Legislative Description

An Act Expanding 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