AN ACT PROHIBITING STATE SUBSIDIES, GRANTS AND BOND-FUNDED FINANCIAL ASSISTANCE TO CERTAIN PUBLICLY TRADED COMPANIES.


General Assembly		*Proposed Bill No. 6747*
*January Session, 2017*		LCO No. 2456
		02456
Referred to Committee on COMMERCE
Introduced by:
REP. ALBIS, 99^th Dist. REP. ELLIOTT, 88^th Dist. REP. LEMAR, 96^th Dist.

AN ACT PROHIBITING STATE SUBSIDIES, GRANTS AND BOND-FUNDED FINANCIAL ASSISTANCE TO CERTAIN PUBLICLY TRADED COMPANIES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to prohibit state subsidies, grants and bond-funded financial assistance to publicly traded companies whose highest paid employee earns more than one hundred times the median wage of a worker in Connecticut.

Statement of Purpose:

To encourage a higher median income in Connecticut.