Connecticut General Statutes
Chapter 588n - Credit, Jobs, Capital Investment and Tax Incremental Financing Programs
Section 32-299. - Broad interpretation of powers.

The powers enumerated in this chapter shall be interpreted broadly to effectuate the purposes of this chapter and shall not be construed as a limitation of powers.

(P.A. 93-360, S. 12, 19.)
History: P.A. 93-360 effective June 14, 1993.

Structure Connecticut General Statutes

Connecticut General Statutes

Title 32 - Commerce and Economic and Community Development

Chapter 588n - Credit, Jobs, Capital Investment and Tax Incremental Financing Programs

Section 32-260. - Legislative finding.

Section 32-261. - Guarantees of loans and other investments.

Section 32-262. - Bond authorization.

Section 32-262a. - Guarantees in effect or pending on June 14, 1993, deemed to be funded from the Connecticut Works Guarantee Fund.

Section 32-263. - Small and medium-sized business line of credit program.

Section 32-264. - Bond authorization.

Section 32-265. - Connecticut Capital Access Fund. Written procedures. Bond authorization for Capital Access Fund and small business assistance program.

Section 32-266. - Definitions.

Section 32-267. - Grants to regional corporations for regional revolving loan funds or participating agreements with small business lending corporations.

Section 32-268. - Eligibility.

Section 32-269. - Applications.

Section 32-270. - Selection of regional corporations.

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

Section 32-272. - Decisions by regional corporations to approve or reject applications for financial assistance.

Section 32-273. - Conflict of interest prohibited.

Section 32-274. - Priorities for financial assistance provided by regional corporations.

Section 32-275. - Working capital loan guarantees.

Section 32-276. - Loans.

Section 32-277. - Conditions for financial assistance.

Section 32-278. - Restrictions.

Section 32-279. - Fees.

Section 32-280. - Written procedures.

Section 32-281. - Positions opened as a result of assistance.

Section 32-282. - Audits of regional corporations receiving grants.

Section 32-283. - Reports by regional corporations.

Section 32-284. - Bond authorization.

Section 32-285. - Tax incremental financing program. Application and approval procedure. Bond authorization. Reports. Independent financial analyses.

Section 32-285a. - Community Investment Fund 2030 Board. Bond authorization. Report.

Section 32-286. - Qualified data centers. Tax exemptions. Negotiated host municipality fee agreement.

Section 32-290. - Financial assistance for entrepreneurial development of low-income persons.

Section 32-290a. - Entrepreneurial training program.

Section 32-291. - Bond authorization.

Section 32-299. - Broad interpretation of powers.