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CT SB00730

Bill

Official Source

Status

Introduced

1/25/2017

Primary Sponsor

Leonard Suzio

Click for details

Origin

Senate

2017 General Assembly

AI Summary

  • Establishes a "First Five Thousand Program" under title 32 of the general statutes
  • Authorizes the state to purchase the portion of loans to state businesses that are guaranteed by the federal Small Business Administration
  • Provides low-interest, fixed-rate, long-term financing or subsidies to individuals for real estate closing costs
  • Stated purpose is to reduce the financial burden for businesses

Legislative Description

An Act Establishing A First Five Thousand Program.

Last Action

Public Hearing 02/23

2/17/2017

Committee Referrals

Commerce1/25/2017

Full Bill Text

No bill text available