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CT HB06651

Bill

Status

Introduced

1/24/2025

Primary Sponsor

Jaime Foster

Click for details

Origin

House of Representatives

2025 General Assembly

AI Summary

  • Defines digital currency as a monetary instrument in the penal code, aligning with existing banking definitions to facilitate prosecution of cryptocurrency theft

  • Authorizes preconviction confiscation of digital wallets connected to theft cases to establish a victims' compensation fund

  • Creates a hearing process with due process protections to notify alleged offenders who hold confiscated digital wallets

  • Establishes an operating budget within the Department of Emergency Services and Public Protection (DESPP) to acquire technology needed to investigate cryptocurrency theft

  • Funds training programs and improves communication between local police departments and DESPP for cryptocurrency-related cases

Legislative Description

An Act Concerning Cryptocurrency Theft And The Resources Of The Department Of Emergency Services And Public Protection To Fight Such Theft.

Last Action

Referred to Joint Committee on Public Safety and Security

1/24/2025

Committee Referrals

Public Safety and Security1/24/2025

Full Bill Text

No bill text available