The Connecticut Business & Industry Association is the voice of business in Connecticut, with thousands of member companies championing change at the State Capitol, shaping debate about economic competitiveness, and fighting for a better future for all.
Requires the Board of Regents for Higher Education and the Board of Trustees of the University of Connecticut to each conduct a study assessing whether the workforce needs of the insurance industry are met by the programs of study offered by the public institutions of higher education under each board's governance.
Requires the state to establish a database similar to New York and Massachusetts of state businesses, supply chains and workforce tools. The bill does not specify which agency would be responsible for maintaining the database.
Requires the Office of Higher Education to establish a corporate liaison program accessible to every institution of higher education in the state.
Requires the state to establish a program to provide incentives, including, but not limited to, sales tax exemptions and research and development tax credits to defense contractors and subcontractors that are headquartered in the state and make long-term commitments to maintain and grow jobs in the state.
Exempts businesses, with up to 100 employees, from the sales tax when purchasing personal protective equipment for use during the COVID-19 pandemic.