Title 32, Title 32: Commerce and Economic and Community Development

Sec. 32-41p. Workplace center of excellence program. (a) There is established a workplace center of excellence program to be administered by Connecticut Innovations, Incorporated for the purpose of developing and deploying ergonomic technology solutions and knowledge. During the …

Sec. 32-41pp. Program to encourage development of technologies and techniques concerning crumbling concrete foundations. (a) There is established a program to encourage the development of technologies and techniques regarding the prevention, identification and repair of propertie…

Sec. 32-41q. Critical industries development account. Purpose. Regulations. (a) As used in this section “critical industry” means an industry that uses emerging technologies, including but not limited to, fuel cell technology, to develop and manufacture nondefense products for fu…

Sec. 32-41qq. Plan to collect data re crumbling concrete foundations. (a) The Chief Data Officer shall, in consultation with the Department of Housing, the State Geologist, the captive insurance company established pursuant to section 38a-91vv, and the volunteer panel convened pu…

Sec. 32-41r. Short title: Economic Recovery Act of 1996. This section, section 32-40, subsection (a) of section 32-41q, and sections 32-41s, 32-229 and 32-450 shall be known and may be cited as the “Economic Recovery Act of 1996”. (P.A. 96-264, S. 1, 8; P.A. 08-162, S. 2.) Histor…

Sec. 32-41s. Bioscience, biotechnology, pharmaceutical and photonics businesses. Benefits. Regulations. (a) As used in this section: (1) “Bioscience” means the study of genes, cells, tissues and chemical and physical structures of living organisms; (2) “Eligible business” means a…

Sec. 32-41t. High technology research and development program: Definitions. As used in this section and section 32-41u: (1) “Corporation” means Connecticut Innovations, Incorporated as created under section 32-35; and (2) “Eligible participant” means a member of the faculty or a …

Sec. 32-41u. High technology research and development program: Establishment and purpose. (a) There is established a high technology research and development program to be administered by the corporation for the purpose of promoting collaboration between businesses and colleges a…

Sec. 32-41v. Connecticut New Opportunities Fund. (a) As used in this section: (1) “Corporation” means Connecticut Innovations, Incorporated; and (2) “Fund” means the Connecticut New Opportunities Fund. (b) Connecticut Innovations, Incorporated shall establish a fund to be known a…

Sec. 32-41w. Early-stage venture capital program. (a) There is established an early-stage venture capital program to be administered by Connecticut Innovations, Incorporated, to provide preseed financing, seed financing, start-up financing, early or first-stage financing and expa…

Sec. 32-41x. Preseed financing account and program. (a) There is established an account to be known as the “preseed financing account” which shall be a separate, nonlapsing account within the General Fund. The account shall contain any moneys required by law to be deposited in th…

Sec. 32-41y. Connecticut Bioscience Collaboration program. Connecticut Bioscience Collaboration Fund. (a) For purposes of this section: (1) “Corporation” means Connecticut Innovations, Incorporated; (2) “Board” means the board of directors of Connecticut Innovations, Incorporated…

Sec. 32-41z. Bond issue for the Connecticut Bioscience Collaboration program. (a) The State Bond Commission shall authorize the issuance of bonds of the state, in accordance with the provisions of section 3-20, in principal amounts not exceeding in the aggregate two hundred ninet…

Sec. 32-42. Examination. Audits. The corporation shall be subject to examination by the State Treasurer. The accounts of the corporation shall be subject to biennial audits by the State Auditors of Public Accounts. (1972, P.A. 248, S. 11; P.A. 93-382, S. 8, 69; P.A. 21-145, S. 11…

Sec. 32-43. State pledge. The state of Connecticut does hereby pledge to and agree with any person with whom the corporation may enter into contracts pursuant to the provisions of this chapter that the state will not limit or alter the rights hereby vested in the corporation unti…

Sec. 32-44. Powers to be interpreted broadly. The powers enumerated in this chapter shall be interpreted broadly to effectuate the purposes thereof and shall not be construed as a limitation of powers. (1972, P.A. 248, S. 13.)

Sec. 32-45. Inconsistent provisions of law. To the extent that the provisions of this chapter are inconsistent with the provisions of any general statute or special act or parts thereof, the provisions of this chapter shall be deemed controlling. (1972, P.A. 248, S. 14.)

Sec. 32-46. Tax exemption. (a) The corporation shall have the tax exemptions provided under section 32-23h. (b) Sales of and the storage, use or other consumption of any tangible personal property or services acquired for incorporation into or used and consumed in connection with…

Sec. 32-47. Personal liability of directors or persons acting on behalf of the corporation. (a) Neither the directors of Connecticut Innovations, Incorporated nor any person acting on behalf of said corporation executing any notes, bonds, contracts, agreements or other obligation…

Sec. 32-47a. Business plan. Report. Not later than January first in each year, Connecticut Innovations, Incorporated shall submit a business plan containing a summary of its projected operations for the year to the joint standing committees of the General Assembly having cognizan…