Bill > HB06988

This bill requires the Department of Banking to conduct a comprehensive study of financial transactions within the state and submit a formal report of its findings to the joint standing committee responsible for banking matters by January 15, 2026. The report must be prepared in accordance with section 11-4a of the state's general statutes, which typically outlines standard reporting procedures. The bill takes effect immediately upon passage, and its primary purpose appears to be gathering and analyzing data about financial activities in the state, which could potentially inform future banking policies or regulatory decisions. While the specific details of what aspects of financial transactions will be studied are not explicitly outlined in the bill text, the mandate provides the Department of Banking with broad discretion to examine relevant financial activities and trends.

Business and Industry

Banking Committee (J)

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06988&which_year=2025