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CT SB01399

Bill

Official Source

Status

Introduced

2/27/2025

Primary Sponsor

Banking Committee

Click for details

Origin

Senate

2025 General Assembly

AI Summary

  • Department of Banking must conduct a study on establishing limited purpose trust companies in Connecticut
  • Report due to the General Assembly's banking committee by December 1, 2025
  • Report must include recommendations for legislation needed to authorize limited purpose trust companies in the state
  • Takes effect immediately upon passage

Legislative Description

An Act Concerning A Study Regarding The Establishment Of Limited Purpose Trust Companies.

Last Action

Favorable Report, Tabled for the Calendar, Senate

5/7/2025

Committee Referrals

Appropriations5/1/2025
Banking2/27/2025

Full Bill Text

No bill text available