R.C.S.A. § 8-273-18

Fixed allowance; businesses

Last amended: 1975Year: 2026Length: 149 wordsOfficial source

Cite as Conn. Agencies Regs. § 8-273-18

(a) A displaced person who conducts a business and elects to receive a fixed allowance in lieu of actual moving and related expenses is entitled to a fixed amount equal to the average annual net income of the business, computed in accordance with 8-273-20, but not less than $2,500 or more than $10,000, if that business — (1) Substantially contributes to the income of the displaced person; (2) Cannot, in the opinion of the agency concerned, be relocated without substantial loss of existing patronage taking into consideration — (i) The type of business; (ii) The nature of its clientele; and (iii) The relative importance of the displacement and proposed relocation sites to the business, and (3) Is not part of a commercial enterprise having at least one other establishment engaged in the same or similar business which is not being acquired by a State agency or the United States.
R.C.S.A. § 8-273-18: Fixed allowance; businesses | Justis AI