Bill > HB05146

This bill proposes to reestablish a personal income tax credit for college graduates who have earned degrees in STEM (Science, Technology, Engineering, and Mathematics) fields. The legislation aims to reinstate a tax incentive that was previously repealed by Public Act 19-117, which suggests the credit existed before but was eliminated in 2019. By offering this tax credit, the bill seeks to provide financial support and potentially encourage college students to pursue degrees in STEM disciplines, which are often considered critical for economic and technological advancement. The specific details of the credit, such as its exact value, eligibility requirements, and duration, are not provided in this bill text, but the primary goal is to create a financial benefit for recent graduates in science and technology-related fields as a means of supporting their professional development and potentially attracting talent to the state.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05146&which_year=2025