Plain English Breakdown
Checked against official source text during the last sync.
Learn Here, Live Here Program Act
This act requires the creation of a new Learn Here, Live Here program and sets rules for its funding and eligibility.
What This Bill Does
- Creates a new program called 'Learn Here, Live Here'.
- Sets the maximum amount of money that can be spent on this program each year at five million dollars.
- Limits who can join the program to individuals with an annual federal adjusted gross income of seventy-five thousand dollars or less.
Who It Names or Affects
- People who might want to participate in the Learn Here, Live Here program.
- The Commissioner of Economic and Community Development who will manage the program.
Terms To Know
- Adjusted Gross Income
- This is how much money a person has left after paying certain taxes and making some adjustments to their income for tax purposes.
Limits and Unknowns
- The bill does not specify the exact details of what the Learn Here, Live Here program will do.
- It only sets rules regarding funding and eligibility criteria.