Bill Text: CT HB06801 | 2015 | General Assembly | Introduced

Connecticut House Bill 6801 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: An Act Concerning Crowdfunding, Prohibited Acts Of Mortgage Servicers, Small Business Lending, Alternative Forms Of Identification For Opening Bank Accounts, Reverse Mortgages, Disclosures For Prepaid Cards, Successors In Interest In Foreclosed Property And The Prevention Of Fraud In Deposit Accounts.

Spectrum: Committee Bill

Status: (Engrossed - Dead) 2015-05-22 - File Number 883 [HB06801 Detail]

Download: Connecticut-2015-HB06801-Introduced.html


General Assembly		*Raised Bill No. 6801*
*January Session, 2015*		LCO No. 3678
		03678_______BA_
Referred to Committee on BANKING
Introduced by:
(BA)

AN ACT CONCERNING SMALL BUSINESS LENDING.

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

Section 1. (Effective July 1, 2015) The Department of Banking, in consultation with the Department of Economic and Community Development, shall, within available appropriations, conduct a study of small business lending in the state. Such study shall include, but not be limited to, the feasibility of: (1) Establishing a state-run business and industrial development corporation; (2) creating mechanisms to increase Small Business Administration lending to promote and finance small businesses; and (3) forming a partnership between the Department of Economic and Community Development and Connecticut banks and credit unions to increase access to credit for small businesses in underserved communities. The Commissioner of Banking shall report, in accordance with the provisions of section 11-4a of the general statutes, the findings of such study to the joint standing committee of the General Assembly having cognizance of matters relating to banking on or before January 1, 2016.


This act shall take effect as follows and shall amend the following sections:
Section 1	July 1, 2015	New section

Statement of Purpose:

To conduct a study of small business lending in the state.

[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.]