Bill Text: CT HB06496 | 2013 | General Assembly | Introduced

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Bill Title: An Act Concerning The Establishment Of A Public Infrastructure Bank.

Spectrum: Committee Bill

Status: (Introduced - Dead) 2013-03-01 - Public Hearing 03/05 [HB06496 Detail]

Download: Connecticut-2013-HB06496-Introduced.html

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General Assembly		Raised Bill No. 6496
January Session, 2013		LCO No. 3649
		*03649_______BA_*
Referred to Committee on BANKS
Introduced by:
(BA)

AN ACT CONCERNING THE ESTABLISHMENT OF A PUBLIC INFRASTRUCTURE BANK.

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

Section 1. (Effective October 1, 2013) The Department of Banking shall study issues concerning the establishment of a public infrastructure bank in this state, including, but not limited to, the ability of such a bank to increase the funding available for infrastructure projects and improve the selection process for such projects. Not later than January 1, 2014, the Banking Commissioner shall report on such study, in accordance with the provisions of section 11-4a of the general statutes, to the joint standing committee of the General Assembly having cognizance of matters relating to banks.

This act shall take effect as follows and shall amend the following sections:
Section 1	October 1, 2013	New section

Statement of Purpose:

To require a study of issues concerning the establishment of a public infrastructure bank in Connecticut.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]