Connecticut General Statutes
Chapter 579 - Connecticut Innovations, Incorporated
Section 32-23l. - Industrial and commercial development. Powers of Connecticut Innovations, Incorporated.

Sections 32-23d to 32-23k, inclusive, shall be deemed to provide a complete method for the doing of the things authorized thereby and shall be regarded as not in conflict with, or as restrictive of, powers conferred by any other laws, any other existing provisions of the general statutes notwithstanding. No proceedings, notice or approval shall be required for the issuance of any bonds or notes or any instrument as security therefor, except as is herein provided.

(1972, P.A. 195, S. 11; P.A. 73-177, S. 1; 73-599, S. 17; P.A. 13-123, S. 16.)
History: P.A. 73-177 clarified construction provision and stated that action may be taken upon affirmative vote of ex-officio member's designated deputy; P.A. 73-599 deleted provisions re construction of powers and re ex-officio members of commission; P.A. 13-123 made a technical change, effective June 18, 2013.

Structure Connecticut General Statutes

Connecticut General Statutes

Title 32 - Commerce and Economic and Community Development

Chapter 579 - Connecticut Innovations, Incorporated

Section 32-10 and 32-11. - Definitions. Connecticut Industrial Building Commission.

Section 32-11a. - Connecticut Innovations, Incorporated. Successor agency to Connecticut Development Authority.

Section 32-11b. - Definitions.

Section 32-11c. - Transfer of duties, obligations, purposes and procedures.

Section 32-11d. - Agreements to facilitate transfers. Support.

Section 32-11e. - Corporation subsidiaries.

Section 32-11f. - Connecticut Innovations, Incorporated substituted for Connecticut Development Authority.

Section 32-11g. - Connecticut Innovations, Incorporated. Successor to Connecticut Brownfields Redevelopment Authority.

Section 32-12 and 32-13. - Executive secretary. Powers of commission.

Section 32-14. - Mortgage and Loan Insurance Fund.

Section 32-15. - Applications for insurance.

Section 32-16. - Insurance of mortgages and loans on economic development projects and information technology projects.

Section 32-16a. - Industrial Pollution Abatement Loan Fund.

Section 32-17. - Proceedings on default by mortgagor.

Section 32-17a. - Procedure on default by mortgagor or borrower.

Section 32-18. - Insurance premiums.

Section 32-19. - Insured mortgages as legal investments.

Section 32-20 and 32-21. - Accounts; use of fund. Commission members not to act on contracts in which they have interest.

Section 32-22. - Bond issue.

Section 32-22a. - Written procedures. Contracts.

Section 32-22b. - Loan guarantees for brownfield projects.

Section 32-23. - Industrial Building Operating Expense Fund.

Section 32-23a. - Allocation of mortgage insurance premiums.

Section 32-23aa. - Compliance with state laws and regulations prerequisite for financial assistance.

Section 32-23b. - Short title.

Section 32-23bb. - Comprehensive Business Assistance Fund consolidated into Connecticut Growth Fund.

Section 32-23c. - Legislative finding.

Section 32-23cc. - Business Environmental Clean-Up Revolving Loan Fund and Environmental Assistance Revolving Loan Fund consolidated into Connecticut Growth Fund.

Section 32-23d. - Definitions.

Section 32-23e. - Powers of the corporation.

Section 32-23f. - Bonds and notes.

Section 32-23g. - Disposition of authority funds.

Section 32-23gg. - Legislative determination.

Section 32-23h. - Exemption from state and local taxes and assessments. Payments in lieu of taxes. Approvals of pollution control facilities.

Section 32-23hh. - Definitions.

Section 32-23i. - Bonds as legal investments.

Section 32-23ii. - Connecticut Works Fund. Subfunds.

Section 32-23j. - Payment of bonds to be obligation of corporation. Capital reserve funds. Annual appropriation.

Section 32-23jj. - Considerations in reviewing application.

Section 32-23k. - State pledge to bond holders and contractors.

Section 32-23kk. - Contract of insurance.

Section 32-23l. - Industrial and commercial development. Powers of Connecticut Innovations, Incorporated.

Section 32-23ll. - Bond issue.

Section 32-23m. - Liberal construction.

Section 32-23n. - Economic assistance grants for the industrial projects in areas of high unemployment.

Section 32-23o. - Small Contractors' Revolving Loan Fund. Loans authorized by the corporation. Transfer of certain funds to the Connecticut Growth Fund.

Section 32-23p. - Loans by the corporation in areas of high unemployment.

Section 32-23pp. - Policy to encourage pollution prevention and remediation.

Section 32-23q. - Exemption from maximum interest and charges on loans.

Section 32-23qq. - Environmental Assistance Revolving Loan Fund. Subfunds.

Section 32-23r. - Preference in employment by borrowers and mortgagees.

Section 32-23rr. - Definitions.

Section 32-23s. - Interpretation of certain amendments.

Section 32-23ss. - Bond issue.

Section 32-23t. - Legislative finding.

Section 32-23tt. - Definitions.

Section 32-23u. - Consolidation of financial assistance programs.

Section 32-23uu. - Connecticut job training finance program.

Section 32-23v. - Connecticut Growth Fund.

Section 32-23vv. - Connecticut job training finance demonstration program.

Section 32-23w. - Consolidation of financial assistance programs.

Section 32-23ww. - Displaced Defense Workers' Bill of Rights.

Section 32-23x. - Comprehensive Business Assistance Fund.

Section 32-23xx. - Electronic Superhighway Act of 1994.

Section 32-23y. - Pending applications for financial assistance under consolidated programs funded from Connecticut Growth Fund or Comprehensive Business Assistance Fund.

Section 32-23yy. - High-Technology Infrastructure Fund.

Section 32-23z. - Business Environmental Clean-Up Revolving Loan Fund. Regulations.

Section 32-23zz. - Issuance of bonds on behalf of municipalities for information technology projects and remediation projects.