Connecticut General Statutes/Title 32/Chapter 588n/Section 32-271

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

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.

Short History

(P.A. 92-236, S. 12, 48; June 12 Sp. Sess. P.A. 12-1, S. 152.)

Long History

History: Pursuant to June 12 Sp. Sess. P.A. 12-1, “authority” was changed editorially by the Revisors to “corporation”, effective July 1, 2012.

PreviousCGS § 32-270. Selection of regional corporations.NextCGS § 32-272. Decisions by regional corporations to approve or reject applications for financial assistance.