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

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