CT SB01087 | 2023 | General Assembly
Status
Spectrum: Committee Bill
Status: Introduced on February 23 2023 - 25% progression, died in committee
Action: 2023-02-28 - Public Hearing 03/02
Pending: Joint Banking Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 23 2023 - 25% progression, died in committee
Action: 2023-02-28 - Public Hearing 03/02
Pending: Joint Banking Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To provide that Connecticut banks shall base certain calculations on capital and surplus instead of equity capital and reserves for loan and lease losses, and authorize Connecticut banks to elect to make such calculations based on equity capital and adjusted allowances for credit losses in certain circumstances.
Title
An Act Concerning Limits On Loans To One Obligor And Connecticut Bank Investments.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-28 | Senate | Public Hearing 03/02 |
| 2023-02-23 | Senate | Referred to Joint Committee on Banking |
Connecticut State Sources
| Type | Source |
|---|---|
| Summary | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB01087&which_year=2023 |
| Text | https://www.cga.ct.gov/2023/TOB/S/PDF/2023SB-01087-R00-SB.PDF |
