Creating Connecticut Jobs

June 10, 2016
Creating Jobs

In the 2016 legislative session, we made economic growth and support for small businesses a top priority. Here are some of our 2016 initiatives:

CT 500

CT 500 is a bold, forward-thinking economic development plan for the next generation of Connecticut, designed to grow our economy and population by leveraging public and private investment in Connecticut and the project, soliciting private funds to match public dollars, and evaluating economic development policies. The project’s goals are to:

  • Create a net increase of 500,000 new private sector jobs over the next 25 years
  • Increase the state’s population by 500,000 new residents
  • Create 500 new startup businesses based on intellectual property developed in Connecticut
  • Increase by 500 the annual number of students graduating from each state college and university

Entrepreneur Learner's Permit Pilot Program

The House unanimously approved pro-business, pro-job growth legislation that establishes an Entrepreneur Learner's Permit pilot program to encourage and assist first-time entrepreneurs in the areas of information services, biotechnology, and green technology by reimbursing them for state fees associated with forming a business.

Connecticut Uniform Limited Liability Company Act

We voted to adopt the Uniform Limited Liability Company Act, a set of rules which provide business owners greater clarity and security regarding the formation and dissolution of limited liability companies (LLC’s). This law is more business-friendly than the current LLC Act and will make Connecticut more competitive with area states.

Encouraging careers in manufacturing

We passed legislation directing the state to develop programs to introduce students and their parents to careers in manufacturing. Additionally, the Department of Labor will update their website to provide information on apprenticeship opportunities.