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CT SB00619

Bill

Official Source

Status

Introduced

1/25/2017

Primary Sponsor

Leonard Fasano

Click for details

Origin

Senate

2017 General Assembly

AI Summary

  • Requires the Commissioner of Economic and Community Development to report annually to the Joint Standing Committee on Commerce beginning January 1, 2018, regarding First Five Plus program projects
  • Report must include the number of jobs created, economic impact, and net rate of return to the state accounting for all loan forgivenesses and tax credits allowed
  • Commissioner must make recommendations regarding continuation of or modifications to the First Five Plus program based on the net rate of return analysis
  • Joint Standing Committee on Commerce must hold a public hearing and vote to approve or disapprove the Commissioner's recommendations

Legislative Description

An Act Concerning Reporting And Legislative Oversight Of The First Five Plus Program.

Last Action

Public Hearing 02/23

2/17/2017

Committee Referrals

Commerce1/25/2017

Full Bill Text

No bill text available