CT HB06779

Establishes a task force to study the feasibility of a housing opportunity tax credit equal to 25% of rental income for landlords who house formerly incarcerated individuals, applicable against state income tax.

Task force shall evaluate the credit's impact on housing availability for formerly incarcerated individuals, financial benefits to landlords, effects on recidivism rates, administrative costs, and best practices for implementation.

Task force composition includes 9 voting members: two from House Speaker (one formerly incarcerated individual), two from Senate President (one from nonprofit housing provider), one each from House and Senate majority leaders, one from House minority leader (landlord), one from Senate minority leader (nonprofit services representative), and three state commissioners (Housing, Revenue Services, and Correction).

All appointments must be made within 30 days of the effective date, with the first meeting scheduled no later than 60 days after passage.

Task force shall submit findings and recommendations to the joint standing committee on housing by January 1, 2024, and shall terminate on the date of report submission or January 1, 2024, whichever is later.