CT HB05849 | 2025 | General Assembly

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 22 2025 - 25% progression
Action: 2025-02-20 - Public Hearing 02/27
Pending: Joint Banking Committee
Text: Latest bill text (Comm Sub) [PDF]

Summary

To eliminate a statutory provision setting forth that a claim of a creditor of a securities intermediary who has a security interest in a financial asset held by a securities intermediary has priority over claims of the securities intermediary's entitlement holders who have security entitlements with respect to that financial asset if the creditor has control over the financial asset.

Tracking Information

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Title

An Act Concerning The Priority Of Claims To Financial Assets Of Securities Intermediaries.

Sponsors


Roll Calls

2025-02-04 - Joint - BA Vote Tally Sheet (Vote to Draft) (Y: 0 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2025-02-20HousePublic Hearing 02/27
2025-02-19HouseReferred to Joint Committee on Banking
2025-02-18HouseDrafted by Committee
2025-02-04HouseVote to Draft
2025-01-22HouseReferred to Joint Committee on Banking

Connecticut State Sources


Bill Comments

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