Connecticut 2015 Regular Session

Connecticut House Bill HB05118 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5118
22 January Session, 2015 LCO No. 439
33 *00439*
44 Referred to Committee on COMMERCE
55 Introduced by:
66 REP. BERGER, 73rd Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 5118
1111
1212 January Session, 2015
1313
1414 LCO No. 439
1515
1616 *00439*
1717
1818 Referred to Committee on COMMERCE
1919
2020 Introduced by:
2121
2222 REP. BERGER, 73rd Dist.
2323
2424 AN ACT CONCERNING THE REGIONAL DELIVERY OF SMALL BUSINESS EXPRESS FUNDS.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That section 32-7g of the general statutes be amended to establish a regionally administered component to the Small Business Express program, which shall allow regional economic development agencies to (1) review applications for financial assistance under said program, (2) recommend the terms and conditions of proposed financial assistance packages, and (3) forward such proposed financial assistance packages to the Commissioner of Economic and Community Development for approval or rejection. Twenty per cent of the funds available under the Small Business Express program shall be reserved for financial assistance to be awarded under the regionally administered component.
2929
3030 Statement of Purpose:
3131
3232 To require the Department of Economic and Community Development to integrate regional economic development agencies into the Small Business Express program to facilitate the regional delivery of Small Business Express funds.