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CT HB07282

Bill

Status

Introduced

3/14/2017

Primary Sponsor

Judiciary Committee

Click for details

Origin

House of Representatives

2017 General Assembly

AI Summary

  • Establishes civil action procedures allowing any person with knowledge of unlawfully possessed fine art to sue in Connecticut superior court where the art is located.

  • Defines "fine art" as drawings, paintings, sculptures, photographs, and other artistic works with appraised value of at least $1 million, excluding antiquities.

  • Requires persons acquiring fine art to obtain provenance documentation and ensure valid title; places burden on defendant to prove legal ownership chain if tainted title is alleged.

  • If tainted title is proven, court orders the art treated as unclaimed property and holds title settlement proceedings; successful plaintiffs receive 15-25% of the art's value plus reasonable legal expenses.

  • Establishes filing deadlines: actions for pre-October 1, 2017 discoveries must be brought by October 1, 2022; actions for later discoveries must be filed within five years of discovery.

Legislative Description

An Act Protecting Connecticut's Fine Art Market.

Last Action

Referred to Joint Committee on Judiciary

3/14/2017

Committee Referrals

Judiciary3/14/2017

Full Bill Text

No bill text available