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CT HB06323
Bill
Status
2/1/2021
Primary Sponsor
Banking Committee
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AI Summary
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Department of Banking shall update the Banking Commissioner's February 2012 report on establishment of a state-owned bank in Connecticut to address new developments since that date.
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Updated report must address proposals for or establishment of state-owned banks or bankers' banks in any state, significant studies of such institutions, changes in Bankers' Bank Northeast structure, and current utilization of bankers' banks by Connecticut banks.
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Department of Banking must submit the updated report to the joint standing committee on banking no later than January 1, 2022.
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Act takes effect upon passage.
Legislative Description
An Act Requiring The Banking Commissioner To Update A Report On The Establishment Of A State-owned Bank.
Last Action
File Number 65
3/16/2021