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CT SB417: An Act Requiring The Department Of Economic And Community Development To Develop A Plan To Establish An Artificial Intelligence Small Business Program.

In effect since Jun 2, 2026 Connecticut · 2026 session

Last verified Oct 1, 2026 · official bill text

SB417 · where it stands

All steps complete
  1. Introduced Complete
  2. Passed first chamber Complete
  3. Passed both chambers Complete
  4. Signed Complete
  5. In effect Since Jun 2, 2026
What do these statuses mean?
Introduced
Filed in the legislature; may be waiting for a committee hearing.
Passed a chamber
Approved by one or both chambers; awaiting further action.
Signed / enacted
Signed into law; it may or may not be in effect yet.
In effect
The effective date has passed.
Dead / vetoed
Vetoed, failed, or the session ended without action.
View full title

An Act Requiring The Department Of Economic And Community Development To Develop A Plan To Establish An Artificial Intelligence Small Business Program.

In one paragraph

Special Act 26-23 directs Connecticut's Department of Economic and Community Development to develop a plan for an artificial intelligence small business program. The program would give eligible small businesses financial assistance (grants, loans, loan guarantees or equity) to adopt AI and improve productivity and quality, and foster a competitive environment for developing and deploying AI. The plan must require recipients to train employees to work with AI and prepare workers whose jobs may be displaced for new roles. DECD must report the plan to the legislature's commerce committee by January 1, 2027. The act is a planning study; it does not create the program or fund it.

Plain-English summary, written with AI assistance. The official text controls.

What it means for business

No obligations for businesses yet. Connecticut small businesses may see a state AI adoption grant or loan program proposed after DECD's January 2027 report.

Key provisions

  1. DECD, with other state agencies and public colleges, must develop a plan for an AI small business program (Sec. 1(b))
  2. The program would provide financial assistance: grants, extensions of credit, loans, loan guarantees, equity investments or other financing
  3. The plan must include eligibility criteria, an application process and terms for assistance
  4. Recipients would have to train employees to work with AI and prepare employees whose jobs may be displaced by AI for new roles
  5. Report to the General Assembly's commerce committee due by January 1, 2027 (Sec. 1(c))
  6. Effective from passage; approved by the Governor June 2, 2026

Latest legislative action

Jun 2, 2026. Signed by the Governor (Special Act 26-23)

Sponsors

NameRoleDistrict
Sponsor
D Sponsor HD-138
D Sponsor HD-029
D Sponsor HD-042

Roll call votes

H House Roll Call Vote 265 AS AMENDED May 5, 2026

150 yea0 nay1 otherPassed

S Senate Roll Call Vote 158 Apr 28, 2026

36 yea0 nayPassed

J CE Vote Tally Sheet (Joint Favorable) Mar 24, 2026

20 yea0 nayPassed

Amendments (4)

  • Senate LCO Amendment #4390 (J) Not adopted 2026-04-21
  • Senate LCO Amendment #4447 (J) Not adopted 2026-04-21
  • Senate LCO Amendment #4459 (J) Not adopted 2026-04-22
  • Senate Schedule A LCO# 4459 (J) Not adopted 2026-04-22

Topics and industries

Affected industries

This page is general information, not legal advice. Summaries are AI-assisted and may contain errors; read the statute for the controlling text and talk to a lawyer about your situation. Full disclaimer · Report an error