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CT SB00360

CT SB00360
An Act Concerning Time Frames For Binding Arbitration.


summary

Introduced
01/09/2025
In Committee
01/09/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To amend time frames for binding arbitration in the state.

AI Summary

This bill amends section 7-437c of the state's general statutes to establish new time frames for binding arbitration. Specifically, the bill requires that all binding arbitration cases must be completed within six months from the date they begin. The bill also provides flexibility by allowing the arbitration timeline to be extended, but only if both parties involved in the arbitration mutually agree to the extension, and even then, the extension can be for no more than an additional three months. Binding arbitration is a legal process where a neutral third party (the arbitrator) hears both sides of a dispute and makes a decision that is typically legally enforceable, often used as an alternative to traditional court litigation. This bill aims to streamline and expedite the arbitration process by setting clear time limits while still preserving some discretion for the parties to negotiate a slightly longer resolution period if needed.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Referred to Joint Committee on Labor and Public Employees (on 01/09/2025)

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