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CT SB00289
Bill
Status
2/27/2020
Primary Sponsor
Energy and Technology Committee
Click for details
AI Summary
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Requires municipal cooperative books and accounts to be subject to Connecticut's Freedom of Information Act, with exceptions only for information exempt under section 7-232a, effective October 1, 2020
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Municipal cooperatives must maintain financial records with accounts closed on July 31 each year and include balance sheets, financial condition reports, indebtedness information, and salaried officers' compensation in annual reports
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Mandates municipal cooperatives provide substantiating documentation to customers requesting explanation of fees, rentals, or other charges within a reasonable time frame
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Allows town selectmen, city mayors, or borough wardens and burgesses to direct additional financial returns from municipal cooperatives at specified times and in specified detail
Legislative Description
An Act Concerning The Disclosure Of Information By Municipal Cooperatives.
Last Action
Public Hearing 03/05
2/28/2020