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CT HB05499

Bill

Status

Introduced

3/7/2018

Primary Sponsor

Banking Committee

Click for details

Origin

House of Representatives

2018 General Assembly

AI Summary

  • Banking Commissioner must submit a report by January 1, 2019 to the joint standing committee on banking regarding methods to require sales finance companies to record applicant demographics.

  • Report shall recommend methods for sales finance companies to acquire and maintain records of ethnicity, race, and sex of applicants and coapplicants in retail installment contracts for motor vehicles.

  • Demographic records shall cover retail installment contracts that have been reviewed by or acquired by sales finance companies in the state.

  • Act takes effect upon passage.

Legislative Description

An Act Concerning Methods To Require Sales Finance Companies To Acquire And Maintain Certain Records.

Last Action

Public Hearing 03/15

3/13/2018

Committee Referrals

Banking3/7/2018

Full Bill Text

No bill text available