Sec. 32-1g. Connecticut competitiveness index. - Connecticut Statutes

      Sec. 32-1g. Connecticut competitiveness index. (a) The Connecticut Economic Conference Board, in consultation with the Department of Economic and Community Development and The University of Connecticut, shall establish a Connecticut competitiveness index to monitor the competitiveness of Connecticut as a place to do business, including, but not limited to, how programs and policies of the state government affect the economy and the business environment. The board shall use the Connecticut economic information system developed pursuant to section 32-6i and the Regional Economic Models, Inc. (REMI) system to establish and compile the scores for the index.

      (b) On or before January 1, 1994, the board shall publish a list of the proposed components of the index and the proposed methodology for compiling the score for the index. The board shall seek public comment on the list and methodology and shall publish a final list and methodology by February 15, 1994.

      (c) Not later than February 15, 1994, and annually thereafter, the board shall submit to the Governor and the General Assembly the score for the index for the preceding calendar year.

      (d) The expenses incurred by the board pursuant to this section shall be paid by the Department of Economic and Community Development and The University of Connecticut from existing budgetary resources.

      (P.A. 93-210, S. 1, 3; P.A. 95-250, S. 1; P.A. 96-211, S. 1, 5, 6.)

      History: P.A. 93-210 effective June 23, 1993; P.A. 95-250 and P.A. 96-211 replaced Commissioner and Department of Economic Development with Commissioner and Department of Economic and Community Development.