# Connecticut SB 00307: AN ACT CONCERNING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT'S RECOMMENDATIONS FOR REVISIONS TO THE COMMERCE STATUTES AND PROHIBITING SCHOLARSHIP DISPLACEMENT FOR CERTAIN STUDENTS AT PUBLIC INSTITUTIONS OF HIGHER EDUCATION. Connecticut SB 00307, AN ACT CONCERNING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT'S RECOMMENDATIONS FOR REVISIONS TO THE COMMERCE STATUTES AND PROHIBITING SCHOLARSHIP DISPLACEMENT FOR CERTAIN STUDENTS AT PUBLIC INSTITUTIONS OF HIGHER EDUCATION., is a 2026 Regular Session Senate bill sponsored by Commerce Committee; status signed, last action 2026-06-02 (Signed by the Governor); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/CT-SB00307-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Connecticut SB 00307 - State: Connecticut - Session: 2026 Regular Session - Title: AN ACT CONCERNING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT'S RECOMMENDATIONS FOR REVISIONS TO THE COMMERCE STATUTES AND PROHIBITING SCHOLARSHIP DISPLACEMENT FOR CERTAIN STUDENTS AT PUBLIC INSTITUTIONS OF HIGHER EDUCATION. - Status: signed - Chamber: Senate - Introduced: 2026-02-26 - Last action: 2026-06-02, Signed by the Governor - Sponsor: Commerce Committee - Cosponsors: 4 - Subjects: commerce - Touches household money: yes - Roll calls: 4 (0 yes, 0 no in all) - Economic provisions PRIA read: 11 ## Summary To implement the Department of Economic and Community Development's recommendations for revisions to the commerce statutes, including (1) removing references to certain Department of Economic and Community Development offices, (2) repealing or modifying certain reporting requirements, (3) repealing defunct programs, (4) addressing changes to federal funding, (5) revising the Manufacturing Innovation Fund Advisory Board membership and establishing a board absentee policy, (6) establishing a council absentee policy for the Tourism Council, (7) revising the name, charge and membership of the Minority Business Initiative Advisory Board and permitting the board to establish bylaws, (8) implementing certain revisions to the concentrated poverty statutes, and (9) rename the Small Business Express program and the small business express assistance account. ## Bill overview: provisions PRIA read - Private scholarships protect students' college aid: benefit, medium. Beginning July 1, 2026, participating public colleges cannot cut qualifying students' aid just because they receive a private scholarship. The college must participate in the Roberta B. Willis Scholarship program, and students must receive a Pell grant or Willis Scholarship. When total aid is below… - Businesses exchange credits for reinvestment payments: benefit, medium. Businesses with a reinvestment contract and state-certified industrial project or segment can exchange accumulated tax credits for state payments. The applicable provision caps total state payments at $375 million. Projects or segments with potential payments of $50 million or less use a separate f… - Business board targets growth and wealth: benefit, low. The First Generation and Emerging Business Initiative Advisory Board now focuses on fair growth and building wealth across generations. It advises on business guidance, access to capital, and access to state contracts for first-generation and emerging businesses. It also runs financial-literacy and… - Loan preference for disabled veteran businesses: benefit, low. Beginning July 1, 2026, Connecticut Small Business Boost applications can receive a disabled-veteran ownership preference. Qualifying veterans must own more than 50% of the business and have a Veterans Affairs disability rating of at least 30%. The commissioner can choose whether to give preference… - Cleanup grant recipients gain liability protection: benefit, low. Recipients of specified Connecticut brownfield grants gain protection under listed environmental laws for contamination present when they acquired or controlled property. They must not have caused or contributed to the contamination, must not worsen it, and must report significant hazards. If they… - Deadline set for clean-energy worker plan: benefit, low. The Connecticut Clean Economy Council must submit its worker transition plan by October 1, 2026. The plan addresses moving workers from fossil-fuel jobs to clean-economy jobs. It goes to the legislature's environment, energy and technology, and commerce committees. This deadline does not itself pro… - Larger state awards for business projects: benefit, low. Beginning July 1, 2026, state agencies can award larger amounts of financial assistance without a separate law. The ceiling rises from $10 million to $25 million per applicant or business project during any two-year period. Biotechnology projects move from a separate $20 million ceiling to the gene… - Outside businesses gain temporary investment access: benefit, low. Invest CT can accept businesses whose principal operations are outside Connecticut for requests submitted October 1, 2024, through September 30, 2026. The economic development commissioner must find that approval significantly advances the program's goals. Applicants must still meet the program's o… - Some workers face visa-fee repayment: cost, low. Connecticut's ban on employment promissory notes does not cover agreements to repay employer-paid federal H-1B visa-related fees. This exception applies to employers with 26 or more employees. An employee's agreement can cover repayment of some or all of a fee paid on their behalf. The law specifie… - Reinvestment contracts limit business tax credits: cost, low. Businesses authorized to exchange accumulated credits face limits during income years designated as an exclusion period in their reinvestment contracts. They cannot claim credits under sections 12-217j or 12-217n, or exchange credits under section 12-217ee, subject to stated exceptions. The restric… - New eligibility rules for business loans: mixed, medium. Beginning July 1, 2026, Connecticut opportunity fund loans use new eligibility criteria instead of minority ownership. Applicants must operate or live in a concentrated-poverty census tract, meet the income limit, be first-time owners, or lack traditional lending access. The income limit is adjuste… ## Sponsors and cosponsors - Sponsor: Commerce Committee - Cosponsor: John Santanella (Democratic), House - Cosponsor: Savet Constantine (Democratic), House - Cosponsor: Tom Delnicki (Republican), House - Cosponsor: Tony Hwang (Republican), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-03-24 | Senate | Senate Roll Call Vote 384 | pass | | | | | 2026-03-24 | Senate | CE Vote Tally Sheet (Joint Favorable Substitute) | pass | | | | | 2026-03-24 | Senate | Senate Roll Call Vote 385 | pass | | | | | 2026-03-24 | House | House Roll Call Vote 293 AS AMENDED | pass | | | | ## Bill text - Public Act No. 26-122, 2026-05-06: [PDF](https://www.cga.ct.gov/2026/ACT/PA/PDF/2026PA-00122-R00SB-00307-PA.PDF) - File No. 561, 2026-04-09: [PDF](https://www.cga.ct.gov/2026/FC/PDF/2026SB-00307-R000561-FC.PDF) - CE Joint Favorable Substitute, 2026-03-24: [PDF](https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00307-R01-SB.PDF) - Raised Bill, 2026-02-26: [PDF](https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00307-R00-SB.PDF) - Bill Analysis For File Copy 561: [PDF](https://www.cga.ct.gov/2026/BA/PDF/2026SB-00307-R000561-BA.PDF) - CE Joint Fav. Rpt: [PDF](https://www.cga.ct.gov/2026/JFR/S/PDF/2026SB-00307-R00CE-JFR.PDF) - CE Vote Tally Sheet (Joint Favorable Substitute): [PDF](https://www.cga.ct.gov/2026/TS/S/PDF/2026SB-00307-R00CE-CV38-TS.PDF) - Fiscal Note For File Copy 561: [PDF](https://www.cga.ct.gov/2026/FN/PDF/2026SB-00307-R000561-FN.PDF) - Fiscal Note for Amendment LCO 6114 (See Fiscal Note Details): [PDF](https://www.cga.ct.gov/2026/fna/pdf/2026SB-00307-R00LCO06114-FNA.pdf) - Fiscal Note for Amendment LCO 6249 (Potential Cost): [PDF](https://www.cga.ct.gov/2026/fna/pdf/2026SB-00307-R00LCO06249-FNA.pdf) - Fiscal Note for SB-307, As Amended by Senate "A" (LCO 6114), Senate "B" (LCO 6249): [PDF](https://www.cga.ct.gov/2026/FN/PDF/2026SB-00307-R01-FN.PDF) - House Roll Call Vote 293 AS AMENDED: [PDF](https://www.cga.ct.gov/2026/VOTE/H/PDF/2026HV-00293-R00SB00307-HV.PDF) - Senate Roll Call Vote 384: [PDF](https://www.cga.ct.gov/2026/VOTE/S/PDF/2026SV-00384-R00SB00307-SV.PDF) - Senate Roll Call Vote 385: [PDF](https://www.cga.ct.gov/2026/VOTE/S/PDF/2026SV-00385-R00SB00307-SV.PDF) - Senate Schedule A LCO# 6114 (J): [PDF](https://www.cga.ct.gov/2026/amd/S/pdf/2026SB-00307-R00SA-AMD.pdf) - Senate Schedule B LCO# 6249 (J): [PDF](https://www.cga.ct.gov/2026/amd/S/pdf/2026SB-00307-R00SB-AMD.pdf) - Summary for Public Act No. 26-122: [PDF](https://www.cga.ct.gov/2026/SUM/PDF/2026SUM00122-R01SB-00307-SUM.PDF) ## Related bills - SB 00247: AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE AUDITORS OF PUBLIC ACCOUNTS. (signed) - SB 00220: AN ACT CONCERNING STUDENT LITERACY, ASPIRING EDUCATORS, AMERICAN SIGN LANGUAGE AS PART OF THE WORLD LANGUAGES CURRICULUM AND THE PARAEDUCATOR HEALTH BENEFIT PL… (signed) - SB 00191: AN ACT CONCERNING THE PSYCHEDELIC-ASSISTED THERAPY PILOT PROGRAM. (signed) - SB 00137: AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE OFFICE OF EARLY CHILDHOOD. (signed) - HB 05563: AN ACT CONCERNING VARIOUS CRIMINAL LAW AND CRIMINAL JUSTICE PROPOSALS, CERTIFICATES OF APPROVAL FOR AIRPORTS, HELIPORTS, VERTIPORTS, RESTRICTED LANDING AREAS A… (signed) - HB 05509: AN ACT CONCERNING JUSTICES OF THE PEACE. (signed) ## Sources - [Public Act No. 26-122 (PDF)](https://www.cga.ct.gov/2026/ACT/PA/PDF/2026PA-00122-R00SB-00307-PA.PDF) - [File No. 561 (PDF)](https://www.cga.ct.gov/2026/FC/PDF/2026SB-00307-R000561-FC.PDF) - [CE Joint Favorable Substitute (PDF)](https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00307-R01-SB.PDF) - [Raised Bill (PDF)](https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00307-R00-SB.PDF) - [Bill Analysis For File Copy 561 (PDF)](https://www.cga.ct.gov/2026/BA/PDF/2026SB-00307-R000561-BA.PDF) - [CE Joint Fav. Rpt (PDF)](https://www.cga.ct.gov/2026/JFR/S/PDF/2026SB-00307-R00CE-JFR.PDF) - [CE Vote Tally Sheet (Joint Favorable Substitute) (PDF)](https://www.cga.ct.gov/2026/TS/S/PDF/2026SB-00307-R00CE-CV38-TS.PDF) - [Fiscal Note For File Copy 561 (PDF)](https://www.cga.ct.gov/2026/FN/PDF/2026SB-00307-R000561-FN.PDF) - [Fiscal Note for Amendment LCO 6114 (See Fiscal Note Details) (PDF)](https://www.cga.ct.gov/2026/fna/pdf/2026SB-00307-R00LCO06114-FNA.pdf) - [Fiscal Note for Amendment LCO 6249 (Potential Cost) (PDF)](https://www.cga.ct.gov/2026/fna/pdf/2026SB-00307-R00LCO06249-FNA.pdf) - [Fiscal Note for SB-307, As Amended by Senate "A" (LCO 6114), Senate "B" (LCO 6249) (PDF)](https://www.cga.ct.gov/2026/FN/PDF/2026SB-00307-R01-FN.PDF) - [House Roll Call Vote 293 AS AMENDED (PDF)](https://www.cga.ct.gov/2026/VOTE/H/PDF/2026HV-00293-R00SB00307-HV.PDF) - [Senate Roll Call Vote 384 (PDF)](https://www.cga.ct.gov/2026/VOTE/S/PDF/2026SV-00384-R00SB00307-SV.PDF) - [Senate Roll Call Vote 385 (PDF)](https://www.cga.ct.gov/2026/VOTE/S/PDF/2026SV-00385-R00SB00307-SV.PDF) - [Senate Schedule A LCO# 6114 (J) (PDF)](https://www.cga.ct.gov/2026/amd/S/pdf/2026SB-00307-R00SA-AMD.pdf) - [Senate Schedule B LCO# 6249 (J) (PDF)](https://www.cga.ct.gov/2026/amd/S/pdf/2026SB-00307-R00SB-AMD.pdf) - [Summary for Public Act No. 26-122 (PDF)](https://www.cga.ct.gov/2026/SUM/PDF/2026SUM00122-R01SB-00307-SUM.PDF) ## Related - [SB 00247: AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE AUDITORS OF PUBLIC ACCOUNTS.](https://policyrisk.com/state-bill/CT-SB00247-2026) - [SB 00220: AN ACT CONCERNING STUDENT LITERACY, ASPIRING EDUCATORS, AMERICAN SIGN LANGUAGE…](https://policyrisk.com/state-bill/CT-SB00220-2026) - [SB 00191: AN ACT CONCERNING THE PSYCHEDELIC-ASSISTED THERAPY PILOT PROGRAM.](https://policyrisk.com/state-bill/CT-SB00191-2026) - [SB 00137: AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE OFFICE OF EARLY CHILDHOOD.](https://policyrisk.com/state-bill/CT-SB00137-2026) - [HB 05563: AN ACT CONCERNING VARIOUS CRIMINAL LAW AND CRIMINAL JUSTICE PROPOSALS, CERTIFIC…](https://policyrisk.com/state-bill/CT-HB05563-2026) - [HB 05509: AN ACT CONCERNING JUSTICES OF THE PEACE.](https://policyrisk.com/state-bill/CT-HB05509-2026) - [Connecticut bills](https://policyrisk.com/states/connecticut/bills) - [Connecticut state hub](https://policyrisk.com/states/connecticut) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/CT-SB00307-2026 (as of 2026-11-01).