Connecticut Gov. Dannel Malloy was scheduled late Thursday to sign a jobs bill that called for nearly $1 billion of bonds, including a controversial $291 million to help genetics research concern Jackson Laboratory build a $1.1 billion center at the University of Connecticut Health Center.

“I’m proud of what we were able to accomplish,” Malloy said after the House and Senate passed extensive legislation enabling the state to issue $626 million of bonds to fund business loans, repair of state bridges, assistance for small businesses and tax credits for new hires.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.