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CT HB05182

Bill

Official Source

Status

Passed

5/8/2012

Primary Sponsor

Eileen Daily

Click for details

Origin

House of Representatives

2012 General Assembly

AI Summary

  • Repeals and replaces subsection (c) of section 12-813 of the general statutes, effective July 1, 2012
  • Expands the lottery director's authority from imposing only surety bonding requirements to requiring multiple forms of financial security from lottery sales agents
  • Allows the lottery director to accept surety bonds, letters of credit, or other forms of security deemed acceptable
  • Financial security requirement ensures lottery sales agents perform their duties and obligations to the lottery corporation

Legislative Description

An Act Concerning A Change Regarding The Financial Security Of Lottery Sales Agents.

Last Action

Signed by the Governor

5/14/2012

Committee Referrals

Public Safety and Security4/4/2012
Banks2/17/2012

Full Bill Text

No bill text available