Connecticut 2019 Regular Session

Connecticut House Bill HB06807 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 2765 1 of 1
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55 General Assembly Proposed Bill No. 6807
66 January Session, 2019
77 LCO No. 2765
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1010 Referred to Committee on COMMERCE
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1313 Introduced by:
1414 REP. MCCARTHY VAHEY, 133rd Dist.
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1818 AN ACT ESTABLISHING A FUND TO PROVIDE FINANCIAL
1919 ASSISTANCE TO BUSINESSES TRANSITIONING TO EMPLOYEE -
2020 OWNED BUSINESSES.
2121 Be it enacted by the Senate and House of Representatives in General
2222 Assembly convened:
2323
2424 That the general statutes be amended to establish a fund from which 1
2525 the Department of Economic and Community Development may 2
2626 provide grants of ten thousand dollars or less, to be repaid with ten 3
2727 per cent interest, to businesses transitioning to employee-owned 4
2828 businesses. 5
2929 Statement of Purpose:
3030 To establish a fund to assist businesses in transitioning to employee-
3131 owned businesses.