Bill would create panel to assess Connecticut’s competitiveness

HARTFORD, Conn. – The state would have a council devoted to assessing Connecticut’s economic competitiveness and encouraging business growth, if a bill introduced by the Finance committee comes to fruition.

The bill, S.B. 1137, was introduced by the Finance, Revenue and Bonding Committee. The committee unanimously voted in favor of it last Thursday, sending it to the Legislative Commissioner’s Office.

The legislation aims to create a 10-person council that would be charged with encouraging and assisting private sector business growth, and evaluating and promoting Connecticut’s economic competitiveness in comparison to other states.

The group also would be required to develop a Connecticut Competitiveness Scorecard that would give “a comprehensive statistical assessment” of the state’s competitiveness. The scorecard must be developed by Jan. 31, 2017, and be presented annually after that, according to the bill.

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