CT
Connecticut House Bill HB06399

Connecticut 2011 Regular Session

Connecticut House Bill HB06399 Compare Versions

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1-Substitute House Bill No. 6399
1+General Assembly Substitute Bill No. 6399
2+January Session, 2011 *_____HB06399GAE___033111____*
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3-Public Act No. 11-254
4+General Assembly
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5-AN ACT CONCERNING APPLICATIONS FOR ANGEL INVESTOR TAX CREDITS.
6+Substitute Bill No. 6399
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8+January Session, 2011
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10+*_____HB06399GAE___033111____*
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12+AN ACT ESTABLISHING AN ENERGY-RELATED TASK FORCE.
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714 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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9-Section 1. Subdivision (1) of subsection (d) of section 12-704d of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2011, and applicable to taxable years commencing on or after January 1, 2011):
16+Section 1. (Effective from passage) (a) There is established an energy-related jobs task force to study strategies for developing the state's energy-related jobs marketplace and workforce. Such study shall include, but not be limited to, an examination of energy-related job growth, economic development, workforce development, research and development, and information sharing by and among manufacturers and institutions of higher education.
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11-(d) (1) A Connecticut business may apply to Connecticut Innovations, Incorporated, for approval as a Connecticut business qualified to receive cash investments eligible for a tax credit pursuant to this section. The application shall include (A) the name of the business and a copy of the organizational documents of such business, (B) a business plan, including a description of the business and the management, product, market and financial plan of the business, (C) a description of the business's innovative [and proprietary] technology, product or service, (D) a statement of the potential economic impact of the business, including the number, location and types of jobs expected to be created, (E) a description of the qualified securities to be issued and the amount of cash investment sought by the qualified Connecticut business, (F) a statement of the amount, timing and projected use of the proceeds to be raised from the proposed sale of qualified securities, and (G) such other information as the executive director of Connecticut Innovations, Incorporated, may require.
18+(b) The task force shall consist of the following members:
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20+(1) Two appointed by the speaker of the House of Representatives, one of whom shall have experience in energy efficiency and one of whom shall have experience in labor;
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22+(2) Two appointed by the president pro tempore of the Senate, one of whom shall have experience in alternative energy and one of whom shall have experience in workforce development;
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24+(3) A representative of a private university engaged in clean energy or energy efficiency research and development appointed by the majority leader of the House of Representatives;
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26+(4) A representative of a state university appointed by the majority leader of the Senate;
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28+(5) A representative of a manufacturer appointed by the minority leader of the House of Representatives;
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30+(6) A representative of a technology firm appointed by the minority leader of the Senate;
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32+(7) The Commissioner of Economic and Community Development, or the commissioner's designee;
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34+(8) The executive director of Connecticut Innovations, Incorporated, or the executive director's designee; and
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36+(9) Three persons appointed by the Governor, one of whom has experience in private research and development, one of whom has experience with private financing and one of whom is a representative of community colleges.
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38+(c) Any member of the task force appointed under subdivision (1), (2), (3), (4), (5) or (6) of subsection (b) of this section may be a member of the General Assembly.
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40+(d) All appointments to the task force shall be made not later than thirty days after the effective date of this section. Any vacancy shall be filled by the appointing authority.
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42+(e) The speaker of the House of Representatives and the president pro tempore of the Senate shall select the chairpersons of the task force from among the members of the task force. Such chairpersons shall schedule the first meeting of the task force, which shall be held not later than sixty days after the effective date of this section.
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44+(f) The Department of Economic and Community Development shall, within available appropriations, provide administrative support to the task force.
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46+(g) Not later than January 1, 2012, the task force shall submit a report on its findings and recommendations, including, but not limited to, any recommendations regarding legislative initiatives for forming public policy encouraging an energy-related jobs marketplace and workforce, to the joint standing committee of the General Assembly having cognizance of matters relating to commerce, in accordance with the provisions of section 11-4a of the general statutes. The task force shall terminate on the date that it submits such report or January 1, 2012, whichever is later.
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51+This act shall take effect as follows and shall amend the following sections:
52+Section 1 from passage New section
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54+This act shall take effect as follows and shall amend the following sections:
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56+Section 1
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58+from passage
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60+New section
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62+Statement of Legislative Commissioners:
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64+In subsection (g), the phrase "a green jobs marketplace" was changed to "an energy-related jobs marketplace" for accuracy and consistency.
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68+CE Joint Favorable Subst. C/R GAE
69+GAE Joint Favorable Subst.-LCO
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71+CE
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73+Joint Favorable Subst. C/R
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75+GAE
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79+Joint Favorable Subst.-LCO