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CT SB00120

Bill

Official Source

Status

Introduced

2/16/2012

Primary Sponsor

John McKinney

Click for details

Origin

Senate

2012 General Assembly

AI Summary

  • Authorizes the State Bond Commission to issue up to $10 million in state bonds to fund the Start-up Connecticut program
  • Directs bond proceeds to the Department of Economic and Community Development for grant-in-aid funding
  • Provides low-interest loans to start-up companies where owners hold patents for products or processes with demonstrated private sector demand
  • Referred to the Committee on Commerce during the February 2012 legislative session

Legislative Description

An Act Authorizing Bonds Of The State For The Start-up Connecticut Program.

Last Action

Referred to Joint Committee on Commerce

2/16/2012

Committee Referrals

Commerce2/16/2012

Full Bill Text

No bill text available