Connecticut Senate Bill SB00227

Connecticut 2012 Regular Session

• Introduced: 2/23/12
• Refer: 2/23/12
• Report Pass: 3/1/12
• Refer: 3/7/12
• Report Pass: 3/13/12
• Engrossed: 4/27/12
• Report Pass: 4/30/12
• Chaptered: 5/15/12
• Enrolled: 5/18/12
• Passed: 5/31/12

Caption

An Act Concerning Corrections To Certain Census Designations.

Impact

If enacted, SB 227 would make significant corrections to the law surrounding census designations, particularly for business designation areas. This updating of the law is crucial as it aligns the benefits available to businesses located in certain census blocks and tracts with those provided to businesses in enterprise zones, which have been viewed as essential for driving economic development. By adjusting these designations, the bill looks to address discrepancies and clarify eligibility, thereby fostering an environment conducive to business investment in targeted locations.

Summary

Senate Bill No. 227, also known as An Act Concerning Corrections To Certain Census Designations, seeks to amend existing statutes concerning the eligibility of businesses for benefits based on their census location. Specifically, the bill targets various cities and census tracts to ensure businesses within these designated areas can access similar benefits that businesses in established enterprise zones currently enjoy. The intention behind this bill is to promote economic growth in specific urban and suburban areas by extending support to businesses that meet certain criteria related to their census designations.

Sentiment

The sentiment surrounding SB 227 appears to be positive among legislative members supporting economic development, as it symbolizes a proactive step toward enhancing support for businesses in underserved areas. Supporters argue that the bill facilitates job creation and economic revitalization in cities like Hartford and New Britain, linking business growth with community development initiatives. However, there may also be varying opinions regarding the effectiveness and reach of the bill, especially from critics who are concerned about the prioritization of certain areas over others.

Contention

Although the bill has garnered support, there are likely concerns regarding geographic equity and the comprehensive impacts on all potential businesses in the state. Notably, discussions may arise around whether the amendments to census designations provide sufficient benefits or if additional support is necessary to ensure broader economic opportunities across diverse regions. Stakeholders may insist on clarifying conditions to prevent potential favoritism or exclusion, ensuring that other communities equally benefit from state interventions aimed at fostering economic growth.