Calls Package a "First Step" for Long-Term Job Creation, Economic Growth

Connecticut's largest business organization today urged lawmakers to quickly adopt a special legislative package designed as a starting point for stimulating job creation and economic growth in the state.

Released today by Governor Dannel P. Malloy's office, the legislative agenda for the October 26 special session was developed by his administration and legislative leaders from both the Democrat and Republican parties.

"We're very pleased at the initial scope of initiatives outlined in this legislative package," said Joe Brennan, senior vice president for public policy with the Connecticut Business & Industry Association. "We also can't emphasize enough the fact that it was developed with bipartisan support.

"Connecticut's economic future ultimately depends on the ability of our private sector to compete, to have the confidence to invest and grow here and we see this package as a real step in the right direction."

The draft agenda released by the Governor's office details several factors inhibiting job creation and growth in Connecticut, including a lack of support for small businesses and a regulatory environment that hinders economic development.

It also noted the need to promote innovation, develop short and long term workforce development strategies, and enhance the state's economic development tools.

Many of the policy points in the special session package were echoed by CBIA's pro-jobs agenda, which called for policymakers and the business community to work together to find and develop long-term economic solutions.

"It's crucial that policymakers take this opportunity to begin the process of restoring business confidence, strengthening our economic base, and attracting new investment in the state," Brennan said.

"We're hopeful that this legislation represents a new beginning for the state, a long-awaited change of attitude. We look forward to working with lawmakers and the administration to unlock the state's vast potential.

"Nonetheless, this renewed focus must continue past the special session. We all must continue to work together to create and retain jobs and unlock our state's immense potential."

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CBIA is Connecticut's largest business organization, with 10,000 member companies. For more information, please contact Joe Budd (860.244.1951; joe.budd@cbia.com).