It is hereby found and declared that there exists in this state a great and growing need for additional public and private capital improvements and acquisitions and project development that will promote economic diversification, stability and growth; that such improvements, acquisitions and projects are a particularly effective investment of state funds because of their relative immobility in an increasingly global economy; that such improvements, acquisitions and projects are particularly needed in communities experiencing significant military and industrial job losses; and that regional cooperation in the planning and development of such improvements, acquisitions and projects is desirable and should be encouraged; and therefore, it is necessary and in the public interest and for the public good that the provisions of sections 32-325 to 32-330, inclusive, are hereby declared a matter of legislative determination.
(P.A. 93-382, S. 24, 69.)
History: P.A. 93-382 effective July 1, 1993.
Structure Connecticut General Statutes
Title 32 - Commerce and Economic and Community Development
Chapter 588q - Regional Economic Development
Section 32-325. - Short title: Regional Economic Development Act.
Section 32-326. - Legislative finding.
Section 32-327. - Definitions.
Section 32-328. - Financial assistance.
Section 32-330. - Unrestricted federal funds for capital improvements.