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CT SB00396
Bill
Status
3/4/2010
Primary Sponsor
Sam Caligiuri
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AI Summary
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Authorizes the Commissioner of Economic and Community Development to designate one additional enterprise zone on or after October 1, 2010, in a municipality with a population of less than 50,000 that has experienced plant closures.
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Defines "plant closure" for purposes of the new designation as a reduction or transfer in civilian employment exceeding 800 persons occurring between July 1, 2009, and July 1, 2010, with figures certified by the Labor Department.
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Allows census tracts containing closed plants to be designated as enterprise zones without meeting standard eligibility criteria, while tracts elsewhere in the municipality must meet existing eligibility requirements.
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Maintains the existing prohibition on approving more than one enterprise zone per municipality.
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Becomes effective July 1, 2010, and amends section 32-70(c) of the Connecticut General Statutes.
Legislative Description
An Act Triggering Certain Economic Development Programs.
Last Action
Referred by Senate to Committee on Finance, Revenue and Bonding
4/8/2010