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CT SB01296

Bill

Status

Introduced

2/13/2025

Primary Sponsor

Government Oversight Committee

Click for details

Origin

Senate

2025 General Assembly

AI Summary

  • Expands financial disclosure requirements to include members of Executive Department boards, commissions, committees, or councils who have authority to enter into or approve large state construction or procurement contracts, effective October 1, 2025

  • Adds tax-sheltered annuity retirement plans (IRC Section 403) to the list of retirement accounts exempt from individual securities disclosure requirements

  • Maintains existing exemptions for 401(k) plans, IRAs, governmental deferred compensation plans (457), and education savings plans (529), requiring only disclosure of the plan name rather than individual securities held within

  • Preserves current filing requirements: annual statements due by May 1 for the preceding calendar year, filed electronically with the Office of State Ethics under penalty of false statement

Legislative Description

An Act Concerning Statements Of Financial Interests Under The State Code Of Ethics For Public Officials.

Last Action

File Number 78

3/12/2025

Committee Referrals

Government Oversight2/13/2025

Full Bill Text

No bill text available