Bill > HB05008

This bill establishes the Connecticut-Puerto Rico Trade Commission, a new body within the Legislative Department designed to foster stronger economic and cultural ties between Connecticut and Puerto Rico. The commission will consist of 22 members appointed by various state leaders, including representatives from the state legislature, Governor, chambers of commerce, higher education, and Puerto Rican communities. Members must have current or past involvement in Puerto Rican affairs or an interest in trade relations. The commission's initial members will be appointed by October 1, 2025, with staggered four-year terms. The commission's primary responsibilities include advancing bilateral trade and investment, initiating joint policy actions, promoting business and academic exchanges, encouraging economic support and infrastructure investment, and addressing mutually beneficial issues. The commission will be led by chairpersons selected by the House Speaker and Senate President Pro Tempore, and will meet as needed, with members serving without compensation but eligible for expense reimbursement. The commission is required to submit an annual report by February 1st each year to the Governor and relevant legislative committees, detailing its activities and potential policy recommendations. Members who miss three consecutive meetings or 50% of annual meetings will be considered to have resigned from the commission.

Business and Industry

Commerce Committee (J)

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05008&which_year=2025