State & Local Government Policy, Business and Technology

Connecticut House Republicans propose $50M grant program, yearlong fee suspensions to assist ailing restaurant industry

Hartford Courant: As restaurant and bar owners continue to call for additional relief funding amid the ongoing coronavirus pandemic, Connecticut House Republicans announced a proposed relief package Wednesday aimed at assisting the struggling industry.

The legislation seeks to establish a $50 million grant fund for those businesses with qualifying monetary losses, install a yearlong suspension of liquor permitting fees and food licensing fees for certain restaurants and impose a 90-day delay of municipal tax payments. The proposed package also directs the Department of Economic and Community Development to work with financial institutions to create low-interest loan programs for the industry.

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