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CT HB06194
Bill
Status
Introduced
1/23/2025
Primary Sponsor
Banking Committee
Click for details
AI Summary
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Requires administrators of state charitable funds or accounts established by public or special act to submit electronic reports to Senate and House clerks prior to terminating such funds
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Reports must disclose the intent to terminate the fund or account and an estimate of the anticipated balance at termination
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Applies to funds administered by the state, state agencies, departments, institutions, bureaus, boards, commissions, authorities, or state officials
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Reporting requirement applies only "to the extent practicable"
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Effective October 1, 2025
Legislative Description
An Act Requiring Reports Concerning The Termination Of Certain Funds And Accounts.
Last Action
File Number 226
3/25/2025
Committee Referrals
Banking1/23/2025
Full Bill Text
No bill text available