Bill Text: CT HB05278 | 2018 | General Assembly | Comm Sub
Bill Title: An Act Concerning The Eligibility Of Certain Contractors Located In Distressed Municipalities Under The Set-aside Program For Small Contractors And Minority Business Enterprises.
Spectrum: Committee Bill
Status: (Introduced - Dead) 2018-04-12 - File Number 435 [HB05278 Detail]
Download: Connecticut-2018-HB05278-Comm_Sub.html
General Assembly |
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February Session, 2018 |
*_____HB05278CE____032618____* |
AN ACT CONCERNING THE ELIGIBILITY OF CERTAIN CONTRACTORS LOCATED IN DISTRESSED MUNICIPALITIES UNDER THE SET-ASIDE PROGRAM FOR SMALL CONTRACTORS AND MINORITY BUSINESS ENTERPRISES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Subdivision (1) of subsection (a) of section 4a-60g of the 2018 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2018):
(1) "Small contractor" means any contractor, subcontractor, manufacturer, service company or nonprofit corporation: (A) [that] (i) That maintains its principal place of business in the state, [(B)] (ii) that had gross revenues not exceeding fifteen million dollars in the most recently completed fiscal year prior to [such] application for certification under subsection (k) of this section, and [(C)] (iii) that is independent; or (B) (i) that maintains its principal place of business in a distressed municipality, as defined in section 32-9p, (ii) that had gross revenues not exceeding thirty million dollars in the most recently completed fiscal year prior to such application, and (iii) that is independent. "Small contractor" does not include any person who is affiliated with another person if both persons considered together have a gross revenue exceeding fifteen million dollars, or, in the case of a person that maintains its principal place of business in a distressed municipality and who is affiliated with another person, such a combined gross revenue exceeding thirty million dollars.
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
October 1, 2018 |
4a-60g(a)(1) |
Statement of Legislative Commissioners:
In the exclusion to the definition of "small contractor", "and who is affiliated with another person" and "such a combined" were added for clarity.
CE |
Joint Favorable Subst. -LCO |