LCO \\PRDFS1\SCOUSERS\FORZANOF\WS\2022SB-00003-R02- SB.docx 1 of 2 General Assembly Substitute Bill No. 3 February Session, 2022 AN ACT REQUIRING THE BOARD OF REGENTS FOR HIGHER EDUCATION TO DEVELOP SEMINAR PROGRAMS FOR SMALL BUSINESSES. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (NEW) (Effective July 1, 2022) (a) For the purposes of this 1 section: 2 (1) "Small business" means a business located in the state with 3 twenty-five employees or less; 4 (2) "Cybersecurity" means the detection, prevention or response to 5 activity intended to result in unauthorized access to, exfiltration of, 6 manipulation of, or impairment to the integrity, confidentiality or 7 availability of an information technology system or information stored 8 on, or transiting, an information technology system; and 9 (3) "Virtual currency" has the same meaning as provided in section 10 36a-596 of the general statutes. 11 (b) Not later than September 1, 2022, the Board of Regents for Higher 12 Education shall, within available funds, develop seminar programs to 13 assist small businesses with adapting to the business environment in the 14 aftermath of the COVID-19 pandemic, as defined in section 4-216a of the 15 Substitute Bill No. 3 LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2022SB-00003- R02-SB.docx } 2 of 2 general statutes, through courses in subject areas, including, but not 16 limited to, electronic commerce, social media, cybersecurity and virtual 17 currency. Said board shall prescribe forms and procedures by which not 18 more than two employees of any small business may enroll in not more 19 than five seminar programs or any course within such seminar 20 programs at the Northwestern Connecticut Community College 21 Entrepreneurial Center or the Werth Innovation and Entrepreneurial 22 Center at Housatonic Community College at no cost to such small 23 business. 24 Sec. 2. (Effective July 1, 2022) For the fiscal years ending June 30, 2023, 25 and June 30, 2024, the Board of Regents for Higher Education may 26 expend funds received by the state pursuant to the American Rescue 27 Plan Act of 2021, P.L. 117-2, as amended from time to time, for the 28 purpose of developing seminar programs for small businesses pursuant 29 to section 1 of this act. 30 This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2022 New section Sec. 2 July 1, 2022 New section HED Joint Favorable Subst.