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CT HB05393

Bill

Official Source

Status

Introduced

1/15/2015

Primary Sponsor

Gayle Mulligan

Click for details

Origin

House of Representatives

2015 General Assembly

AI Summary

  • Increase total annual amount that may be segregated from income tax liability of all program participants from $1 million to $10 million
  • Rename the Connecticut first-time homebuyers account to the Learn Here, Live Here account
  • Allow program participants to segregate 100 percent of their income tax liability to the Learn Here, Live Here account
  • Permit Learn Here, Live Here funds to be applied to student loan payments or new business formation in Connecticut, 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

1/15/2015

Committee Referrals

Commerce1/15/2015

Full Bill Text

No bill text available