OLR Bill Analysis

SB 308

AN ACT CONCERNING THE ESTABLISHMENT OF A BUSINESS DATA COLLECTION CENTER.

SUMMARY:

This bill requires the secretary of the state to create a business data collection center, to be the state's central repository for business and economic data, as part of the electronic business portal required by PA 11-48. Under the bill, the secretary must collect data from businesses transacting business in the state, as well as state and quasi-public agencies and non-governmental organizations.

The bill requires the secretary to determine what data to collect, in consultation with specified others. It requires her to make the information available to the public and to economic development organizations.

The bill also makes minor and technical changes.

EFFECTIVE DATE: October 1, 2012

BUSINESS DATA COLLECTION CENTER

PA 11-48 ( 29) required the secretary of the state's Commercial Recording Division to establish an electronic business portal for businesses registering with the secretary. The portal must provide businesses with explanatory information and electronic links provided by other state agencies and quasi-public agencies, to help them (1) obtain necessary licenses and permits, (2) identify state taxes and other revenue responsibilities and benefits, and (3) find relevant state financial incentives and programs. The bill clarifies that the portal may provide such information and links from any type of entity, not just state and quasi-public agencies. (PA 11-48 imposed such a restriction but also specifically allowed the portal to provide information and links from certain entities not fitting those parameters. )

The bill requires the secretary to establish a business data collection center as part of the electronic business portal, to be the state's central repository for business and economic data. The secretary must collect data from (1) entities doing business in Connecticut, (2) state agencies, (3) quasi-public agencies, and (4) non-governmental organizations. Entities doing business in the state must supply any requested data in conjunction with their annual filing and reporting requirements.

Under the bill, the secretary must design and prescribe the methods and forms for data collection. In determining the type and scope of data to collect, she must consult with the economic and community development commissioner; the dean of UConn's school of business administration; and representatives of other state agencies, quasi-public agencies, and nongovernmental organizations. The bill allows the secretary to enter into agreements with state agencies, quasi-public agencies, and nongovernmental organizations concerning data collection through electronic and other means.

PA 11-48 allows the secretary to provide the information businesses submit when registering to other state and quasi-public agencies, for economic development, state revenue collection, and statistical purposes, as the law provides. The bill deletes this provision, instead requiring the secretary to compile the information she collects as part of the data collection center and make it available to the public and to public and private organizations that aid and promote in-state economic development.

COMMITTEE ACTION

Judiciary Committee

Joint Favorable

Yea

42

Nay

0

(03/21/2012)