LCO No. 2100 1 of 1
General Assembly Proposed Bill No. 6738
January Session, 2025
LCO No. 2100
Referred to Committee on COMMERCE
Introduced by:
REP. BRONKO, 70th Dist.
AN ACT ESTABLISHING A FORGIVABLE LOAN PROGRAM FOR
CERTAIN INDIVIDUALS WHO START A BUSINESS IN THE TRADES.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That the general statutes be amended to establish a forgivable loan 1
program that provides loans to be used on tools, equipment and other 2
similar expenses associated with establishing a business in the trades, 3
for individuals who (A) graduated from a Connecticut high school or 4
trade school, and (B) establish a business in the trades in Connecticut 5
that operates continuously for not less than ten years. 6
Statement of Purpose:
To encourage individuals working in trades in the state to establish and
operate businesses in Connecticut by creating a forgivable loan
program.