Sec. 32-700. Definitions.
Sec. 32-700. Definitions. As used in sections 32-701 to 32-703, inclusive, and this
section:
(1) "Awarding authority" means the Commissioner of Economic and Community
Development, the board of directors of the Connecticut Development Authority, the
board of directors of Connecticut Innovations, Incorporated, and the head of any other
quasi-public agency, as defined in section 1-120, and any state agency authorized to
award state assistance, as defined in subdivision (2) of this section.
(2) "State assistance" means any grant, loan, loan guarantee or issuance of tax benefit not of general applicability for the purpose of economic development that is (A) made
to a business entity operated for profit, and (B) in an amount greater than one million
dollars or that, if added to any other such state assistance made to the same business
entity during the preceding two years, would total greater than one million dollars.
(P.A. 02-86, S. 1.)
History: P.A. 02-86 effective July 1, 2002.