AN ACT CONCERNING THE ORGANIZATION, ADMINISTRATION AND RECEIVERSHIP OF CERTAIN FINANCIAL INSTITUTIONS.
To: (1) Increase the fee for investigating and processing an application for the organization of a Connecticut bank; (2) eliminate a factor considered in determining whether the public will be served to advantage by the establishment of a proposed Connecticut bank; (3) increase the amount of assets on deposit that trust banks and innovation banks are required to keep; (4) eliminate a factor considered in determining whether to approve the relocation of a Connecticut bank's main office; (5) reduce the period of time during which written objections may be made to an application made by a bank or association for permission to change its name; and (6) modify the duty of a receiver for a Connecticut bank or Connecticut credit union.
Introduced by:
Banking Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Public Act No. 25-104 [doc] | |
| File No. 254 [doc] | |
| BA Joint Favorable Substitute [doc] | |
| Raised Bill [doc] |
| Votes | |
| House Roll Call Vote 334 | |
| Senate Roll Call Vote 237 |
| Committee Actions | |
| BA Joint Fav. Rpt | |
| BA Vote Tally Sheet (Joint Favorable Substitute) |
| Fiscal Notes | |
| Fiscal Note For File Copy 254 |
| Bill Analyses | |
| Bill Analysis For File Copy 254 |
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Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 6/24/2025 | Signed by the Governor | ||
| 6/23/2025 | Transmitted by Secretary of the State to Governor | ||
| 6/23/2025 | Transmitted to the Secretary of State | ||
| 6/11/2025 | (LCO) | Public Act 25-104 | |
| 6/3/2025 | In Concurrence | ||
| 6/3/2025 | House Passed | ||
| 5/23/2025 | House Calendar Number 637 | ||
| 5/23/2025 | Favorable Report, Tabled for the Calendar, House | ||
| 5/22/2025 | Senate Passed | ||
| 3/26/2025 | (LCO) | File Number 254 | |
| 3/26/2025 | Senate Calendar Number 175 | ||
| 3/26/2025 | Favorable Report, Tabled for the Calendar, Senate | ||
| 3/26/2025 | (LCO) | Reported Out of Legislative Commissioners' Office | |
| 3/20/2025 | (LCO) | Referred to Office of Legislative Research and Office of Fiscal Analysis 03/25/25 5:00 PM | |
| 3/11/2025 | (LCO) | Filed with Legislative Commissioners' Office | |
| 3/11/2025 | (BA) | Joint Favorable Substitute | |
| 2/7/2025 | Public Hearing 02/13 | ||
| 2/6/2025 | Referred to Joint Committee on Banking |
Co-sponsors of SB-1256
NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.
