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CT HB05586
Bill
Status
Introduced
1/12/2017
Primary Sponsor
Joseph Aresimowicz
Click for details
AI Summary
- Establish a personal income tax credit for individuals employed in Connecticut who receive an associate, bachelor's, master's, or doctoral degree from an accredited institution on or after January 1, 2018.
- Tax credit is available to degree recipients who either reside in Connecticut or move to the state within two years after receiving their degree.
- Tax credit may be claimed for five successive years.
- Office of Higher Education executive director and Commissioner of Revenue Services must jointly report annually to the General Assembly on the number of tax credits claimed, residents who received eligible degrees, and individuals who relocated to Connecticut to claim the credit.
Legislative Description
An Act Making Connecticut More Affordable For College Graduates.
Last Action
Vote to Draft
4/11/2017
Committee Referrals
Finance, Revenue and Bonding1/12/2017
Full Bill Text
No bill text available