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CT SB00108
Bill
Status
5/24/2010
Primary Sponsor
Donald Williams
Click for details
AI Summary
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Expands the definition of "person" under Connecticut Development Authority law to include federal agencies, allowing them to participate in CDA programs.
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Authorizes the CDA to accept federal loans, grants, loan guarantees, and participate in any federal agency loan, grant, or financing program consistent with the CDA's purposes.
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Permits the CDA to enter into agreements with federal agencies regarding federal loans, grants, loan guarantees, and other federal development programs.
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Maintains the CDA's existing authority to plan, finance, construct, and manage economic development projects while expanding its capacity to leverage federal resources.
Legislative Description
An Act Concerning The Connecticut Development Authority's Participation In Certain Federal Loan And Grant Programs.
Last Action
Signed by the Governor
6/8/2010