The proposed bill, Substitute Bill No. 6941, aims to amend Section 8-345 of the general statutes to exempt the income earned by a child of an applicant from the calculation of gross income for participation in the rental assistance program. Specifically, the bill introduces new legal language that states any income earned by a child residing with the applicant, not exceeding $100,000 annually, will not be included in the gross income calculation until the child reaches the age of twenty-four. This change is intended to provide additional support to low-income families by allowing them to qualify for rental assistance without the financial burden of their child's income affecting their eligibility.

In addition to this income exemption, the bill outlines various aspects of the rental assistance program, including the administration of the program by the Commissioner of Housing, compliance with health and safety codes, and the promotion of housing choice and integration. The bill also emphasizes the importance of utilizing rental assistance to encourage the preservation of existing housing and the revitalization of neighborhoods. The act is set to take effect on July 1, 2025, and includes provisions for the establishment of maximum income eligibility guidelines and criteria for determining rental assistance amounts.

Statutes affected:
Raised Bill: 8-345
HSG Joint Favorable Substitute: 8-345
File No. 232: 8-345
APP Joint Favorable: 8-345