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CT HB06649

Bill

Status

Introduced

3/14/2013

Primary Sponsor

Commerce Committee

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Commissioner of Economic and Community Development must submit a report to the joint standing committee on commerce by December 31, 2013 regarding the viability of a private investment fund with public mission program.

  • Report must examine the Partnership Fund for New York City as a model for developing a similar fund in Connecticut.

  • Report shall assess feasibility of a state fund supported by the Department of Economic and Community Development and include a recommendation on whether to pursue such a fund.

  • If recommended, report must include a plan to establish a program matching state investments to a similar privately-developed fund in Connecticut.

  • Effective date is July 1, 2013.

Legislative Description

An Act Concerning A Connecticut Private Investment Fund With A Public Mission.

Last Action

Public Hearing 03/19

3/15/2013

Committee Referrals

Commerce3/14/2013

Full Bill Text

No bill text available