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News from State Senator Ted Kennedy, Jr.
     

July 20, 2016

Capitol address
Legislative Office Building
Room 3200
Hartford, CT 06106-1591

E-mail me here

On the Web
www.SenatorKennedy.cga.ct.gov

Phone
Capitol: 860-240-0455
Toll-free: 1-800-842-1420
 
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Helping New Entrepreneurs Build their First Business

startups
Starting a new business is a daunting, intimidating process. This year I helped pass a new law that helps ease some of that burden, helping entrepreneurs make their business idea a reality.

Senate Bill 303, now Public Act 16-1, establishes the Entrepreneur Learner's Permit program. This program helps first-time entrepreneurs establish their own information technology, biotechnology or green technology businesses. Connecticut Innovations (CI) will administer the program, reimbursing qualifying entrepreneurs for state fees associated with forming a business.

This bill directly addresses the unique needs of the entrepreneurial community, allowing them to minimize some of the expense of launching a new business. Specifically, CI will reimburse approved entrepreneurs for any state filing, permitting, or licensing fees associated with forming their business in Connecticut.

CI will review the effectiveness of the Entrepreneur Learner's Permit pilot program by February 1, 2018. Following this review of the program's economic impact on the state, the number of jobs it has helped create and businesses it has helped form, the Commerce Committee will determine whether the program should continue.

Enhancing Regulatory Clarity

As Senate Chair of the Environment Committee, I have dedicated my legislative life to protect and enhance our state's natural resources. I also know we need to create a more positive business climate in Connecticut, and that environmental protection and economic expansion can be achieved simultaneously.

This past session, I worked in collaboration with Connecticut's manufacturers and the Connecticut Business and Industry Association (CBIA) to provide needed clarity on a longstanding regulatory burden--the definition of an environmental "spill." Because Connecticut never developed a definition, and had no clear reporting standards, businesses technically had to report any spill of any material in any quantity, even if someone dropped a cup of coffee on the floor or over the side of a boat. Consequently, the state was deluged with thousands of reports each year on minor spills that posed no environmental or public health risk. To me, this made no sense.

Businesses can now focus their efforts on true environmental spills, and environmentalists will now know that agency efforts will be much more targeted and effective.

I am committed to giving Connecticut businesses greater regulatory certainty and transparency--a crucial component of a better business climate.
 

 
 

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My mailing address is:
Senator Ted Kennedy, Jr., Legislative Office Building, Room 3200, Hartford, Connecticut 06106
Capitol telephone: 860-240-0455, or Toll-free: 1-800-842-1420

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