Connecticut Seal

General Assembly

Amendment

 

February Session, 2012

LCO No. 4303

   
 

*SB0021404303SRO*

Offered by:

 

SEN. SUZIO, 13th Dist.

 

To: Senate Bill No. 214

File No. 75

Cal. No. 97

After the last section, add the following and renumber sections and internal references accordingly:

"Sec. 501. (NEW) (Effective July 1, 2012) The State Treasurer is hereby authorized to use up to seven hundred fifty million dollars from the State Employees Retirement Fund to purchase the guaranteed portion of federal Small Business Administration loans that, on or after July 1, 2012, are extended by state chartered banks to small businesses within the state that qualify for such loans. "

This act shall take effect as follows and shall amend the following sections:

Sec. 501

July 1, 2012

New section