Bill Text: CT HB05131 | 2015 | General Assembly | Introduced

Connecticut House Bill 5131 (Prior Session Legislation)

Introduced

Bill Title: An Act Requiring The Banking Commissioner To Conduct A Study Of Crowdfunding Legislation In Other States.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-02-13 - Public Hearing 02/19 [HB05131 Detail]

Download: Connecticut-2015-HB05131-Introduced.html


General Assembly		*Proposed Bill No. 5131*
*January Session, 2015*		LCO No. 182
		00182
Referred to Committee on BANKS
Introduced by:
REP. SRINIVASAN, 31st Dist.

AN ACT REQUIRING THE BANKING COMMISSIONER TO CONDUCT A STUDY OF CROWDFUNDING LEGISLATION IN OTHER STATES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the Banking Commissioner be required to (1) conduct a study of existing legislation in other states concerning investment crowdfunding exemptions for nonaccredited investors, and (2) make recommendations for the implementation of such legislation in Connecticut.

Statement of Purpose:

To require the Banking Commissioner to conduct a study of crowdfunding legislation in other states.