Sec. 32-348. Establishment of a manufacturing extension service (CONNSTEP). Grants. Bond issue.
Sec. 32-348. Establishment of a manufacturing extension service (CONNSTEP). Grants. Bond issue. (a) There is hereby established within the Department of
Economic and Community Development a manufacturing extension service program for
the purpose of awarding a grant to the Connecticut manufacturing extension partnership
affiliate, which shall be known as CONNSTEP, as designated by the United States
Department of Commerce National Institute of Standards and Technology. Applications
for a grant under this section shall be made and grants shall be awarded in the manner
and form prescribed by the commissioner. The extension service's responsibilities shall
include, but not be limited to, providing training for small and medium-sized businesses
in high performance work practices.
(b) For the purposes described in subsection (c) of this section, the State Bond
Commission shall have the power, from time to time to authorize the issuance of bonds
of the state in one or more series and in principal amounts not exceeding in the aggregate
four million dollars.
(c) The proceeds of the sale of said bonds, to the extent of the amount stated in
subsection (c) of this section, shall be used by the Commissioner of Economic and
Community Development for the purposes of subsection (a) of this section.
(d) All provisions of section 3-20, or the exercise of any right or power granted
thereby which are not inconsistent with the provisions of this section are hereby adopted
and shall apply to all bonds authorized by the State Bond Commission pursuant to this
section, and temporary notes in anticipation of the money to be derived from the sale
of any such bonds so authorized may be issued in accordance with said section 3-20
and from time to time renewed. Such bonds shall mature at such time or times not
exceeding twenty years from their respective dates as may be provided in or pursuant
to the resolution or resolutions of the State Bond Commission authorizing such bonds.
None of said bonds shall be authorized except upon a finding by the State Bond Commission that there has been filed with it a request for such authorization, which is signed
by or on behalf of the Secretary of the Office of Policy and Management and states such
terms and conditions as said commission, in its discretion, may require. Said bonds
issued pursuant to this section shall be general obligations of the state and the full faith
and credit of the state of Connecticut are pledged for the payment of the principal of
and interest on said bonds as the same become due, and accordingly and as part of the
contract of the state with the holders of said bonds, appropriation of all amounts necessary for punctual payment of such principal and interest is hereby made, and the Treasurer shall pay such principal and interest as the same become due.
(P.A. 93-382, S. 51, 69; P.A. 94-116, S. 11, 28; P.A. 95-250, S. 1; P.A. 96-211, S. 1, 5, 6; P.A. 98-203, S. 2, 13.)
History: P.A. 93-382 effective July 1, 1993; P.A. 94-116 added provision in Subsec. (a) re training in high performance
work practices, effective July 1, 1994; P.A. 95-250 and P.A. 96-211 replaced Commissioner and Department of Economic
Development with Commissioner and Department of Economic and Community Development; P.A. 98-203 amended
Subsec. (a) to identify CONNSTEP as the manufacturing extension service, deleted former Subsec. (b) re a study of certain
business assistance programs, relettered existing subsections accordingly and amended new Subsec. (b) to increase the
total bond authorization for the program to $4,000,000, effective June 8, 1998.