Connecticut Statutes

§ 32-271 — Grants to be used for job creation or retention.

Connecticut·Title 32 Commerce and Economic and Community Development·Ch. 588n Credit, Jobs, Capital Investment and Tax Incremental Financing Programs
A regional corporation awarded a grant by the corporation under section 32-267 shall use such grant to provide financial assistance to businesses for projects that demonstrate a substantial likelihood of providing increases in net new permanent jobs or retaining jobs in businesses that need such financial assistance to remain viable.

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Legislative History

(P.A. 92-236, S. 12, 48; June 12 Sp. Sess. P.A. 12-1, S. 152.) History: Pursuant to June 12 Sp. Sess. P.A. 12-1, “authority” was changed editorially by the Revisors to “corporation”, effective July 1, 2012.

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