Malloy signs bipartisan jobs bill into law

(AP) - Gov. Dannel Malloy (D-Conn.) signed a wide-ranging,bipartisan bill into law on Thursday that's intended to help growjobs in Connecticut, such as by providing loans and grants to smallbusinesses and by speeding up the state's regulatory approvalprocess. Malloy penned his name during a ceremony at the state Capitol,surrounded by applauding Democratic and Republicans legislativeleaders. "When it comes to creating jobs and fixing the economy,Connecticut is not Washington, D.C.," he said. "Here, Democratsand Republicans can work together." The atmosphere for the bill-signing was a marked difference fromthe partisan divide that existed earlier this year when theDemocratic governor and the minority Republican lawmakers differedover how to balance the state budget. State lawmakers overwhelmingly approved the jobs legislationduring a special session on Wednesday. It authorizes borrowing $626million, an amount that will be part of the $1.2 billion to $1.4billion in annual bonding Malloy has limited the state to duringeach year of his four-year term. The bill was the result of weeksof negotiations between Democrats, the GOP and the administration. Senate Minority Leader John McKinney, R-Fairfield, saidConnecticut residents, many of whom are struggling to find jobsamid an 8.9 percent unemployment rate, get a better result when thetwo parties work together. "The governor is right. We are making positives steps in theright direction," he said. "Last night, someone asked if this wasgoing to be one shining moment, and I hope it's not." CT jobs bill gives $20M for community college vo-tech training

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