Loading chat...

CT SB00528

Bill

Official Source

Status

Introduced

1/24/2013

Primary Sponsor

Carlo Leone

Click for details

Origin

Senate

2013 General Assembly

AI Summary

  • Amends Title 34 of the General Statutes to authorize the establishment of low-profit limited liability companies (L3Cs) in the state
  • Establishes L3Cs as taxable for-profit businesses with a stated goal of performing a socially beneficial purpose rather than maximizing income
  • Referred to the Committee on Commerce during the January 2013 session
  • Introduced by Senator Leone (27th District)

Legislative Description

An Act Authorizing Establishment Of Low-profit Limited Liability Companies.

Last Action

Referred to Joint Committee on Commerce

1/24/2013

Committee Referrals

Commerce1/24/2013

Full Bill Text

No bill text available