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CT SB00737
Bill
Status
Engrossed
5/12/2011
Primary Sponsor
Eric Coleman
Click for details
AI Summary
- Defines "small business" as an independently owned entity with fewer than 50 full-time employees or gross annual sales under $5 million
- Defines "targeted investment community" as any municipality containing an enterprise zone designated under Connecticut General Statutes section 32-70
- Requires the Commissioner of Economic and Community Development to study methods for encouraging small business growth in targeted investment communities
- Study must examine feasibility of offering financial incentives to small businesses that hire residents of targeted investment communities and developing an entrepreneurial training program
- Takes effect October 1, 2011
Legislative Description
An Act Concerning Community Economic Development.
Last Action
House Calendar Number 511
5/13/2011
Committee Referrals
Commerce4/21/2011
Planning and Development1/24/2011
Full Bill Text
No bill text available