Bill > HB06880

This bill requires Connecticut Innovations, Incorporated (CI), a state-funded quasi-public organization that supports technology and innovation businesses, to conduct a comprehensive study on private equity investment in Connecticut. Private equity refers to investments made directly into private companies or through buyouts of public companies, resulting in the delisting of the company's stock. The bill mandates that CI's chief executive officer prepare and submit a detailed report of the study's findings to the General Assembly's commerce committee by January 1, 2026. The study will likely examine the current state of private equity investments in Connecticut, potential economic impacts, and strategies to attract or support such investments. The bill takes effect immediately upon passage and does not specify the specific methodology or exact focus of the required study, leaving those details to be determined by CI's leadership.

Business and Industry

Commerce Committee (J)

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06880&which_year=2025