Conn. Agencies Regs. § 32-9l-4

Current through September 27, 2024
Section 32-9l-4 - Application and grant limits
(a)Issuance. Applications must be completed and submitted to the department prior to initiation of the firm's hiring program. Upon receipt of an application the Department shall undertake an evaluation to determine whether the business facility described in the application qualifies as a business facility and that the business facility would meet the requirements of eligibility for a job incentive grant provided in section 32-9l-3 if the business facility is expanded or renovated in the manner described in the grant application.
(b)Use of Job Incentive Grant Monies. The Department's policy in implementing the job incentive grant program shall be to make the most effective possible use of monies in the job incentive fund. To carry out this policy, the Department will seek to identify among eligible municipalities those in which the construction of a proposed business facility will have the greatest impact in reducing the unemployment level in the eligible municipality, and allocate job assistance grants accordingly. The Department will also take into consideration in the making of job incentive grants the number of unemployed persons in each eligible municipality and the seriousness of the need of eligible municipalities with higher number of unemployed persons for capital investment by private enterprise which creates full-time, relatively permanent employment opportunities. In order to assure that the benefits of the job incentive grant program accrue to a reasonable number of eligible municipalities throughout the state, no job incentive grant shall be awarded in an amount exceeding $75,000.

Conn. Agencies Regs. § 32-9l-4

Effective December 20, 1984