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CT SB00627

Bill

Status

Introduced

1/28/2021

Primary Sponsor

James Maroney

Click for details

Origin

Senate

2021 General Assembly

AI Summary

  • Requires companies receiving opportunity zone benefits to provide internships to disadvantaged youths
  • Requires companies receiving large state contracts to provide internships to state students
  • Allows banks to earn Community Reinvestment Act credit by providing internships to local students
  • Requires small business development centers to hold office hours in Renaissance Zones
  • Provides state support for community banks offering loans to small businesses in federally designated opportunity zones, with borrower residency requirement prior to zone designation
  • Directs Department of Economic and Community Development to provide Small Business Express program assistance to individuals starting businesses in federally designated opportunity zones
  • Requires Department of Economic and Community Development and Commission on Women, Children, Seniors, Equity and Opportunity to develop a mentor list for new businesses in federally designated opportunity zones

Legislative Description

An Act Concerning Opportunity Zones.

Last Action

Public Hearing 02/11

2/5/2021

Committee Referrals

Commerce1/28/2021

Full Bill Text

No bill text available