l9n/ Connecticut

2025 Regular Session

Senate Bill 1256

AN ACT CONCERNING THE ORGANIZATION, ADMINISTRATION AND RECEIVERSHIP OF CERTAIN FINANCIAL INSTITUTIONS.

Became law as Public Act 25-104, signed June 24, 2025, 138 days after it was filed.

What it does

The synopsis the General Assembly published with the bill.

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.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

1 co-sponsor

Eric C. Berthel

In the House of Representatives

    1 co-sponsor

    Tom Delnicki

    Its course

    February 6 to June 24, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action18 actions on 11 days

    In the SenateFeb 6 to May 22105 days

    Banking CommitteeFeb 6 to Mar 1133 days

    In the House of RepresentativesMay 22 to Jun 312 days

    Waiting to be sentJun 3 to Jun 2320 days

    With the GovernorJun 23 to Jun 241 day

    Text

    Each version as the General Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the General Assembly published it is below.

    In the Senate Feb 6 – May 22

    1. Feb 6Introduced and sent to Banking Committee
    2. Feb 7Heard in Banking Committee
    3. Mar 11Banking Committee recommended a substitute for it
    4. May 22Passed the Senate

    In the House of Representatives May 23 – Jun 3

    1. May 23Arrived in the House of Representatives
    2. Jun 3Passed the House of Representatives

    To the Governor Jun 11 – Jun 24

    1. Jun 11Numbered Public Act 25-104
    2. Jun 23Sent to the Secretary of the State
    3. Sent to the Governor
    4. Jun 24Signed by the Governor
    All 18 actions, as published
    1. Feb 6REF. TO JOINT COMM. ONBoth houses
    2. Feb 7PUBLIC HEARINGBoth houses
    3. Mar 11Joint Favorable SubstituteBoth houses
    4. Mar 11FILED WITH LCOBoth houses
    5. Mar 20REFERRED TO OLR, OFABoth houses
    6. Mar 26RPTD. OUT OF LCOBoth houses
    7. Mar 26FAV. RPT., TAB. FOR CAL., SEN.Senate
    8. Mar 26SENATE CALENDAR NUMBERSenate
    9. Mar 26FILE NO.Both houses
    10. May 22SENATE PASSEDSenate
    11. May 23FAV. RPT., TABLED FOR HOUSE CALENDARHouse of Representatives
    12. May 23HOUSE CALENDAR NUMBERHouse of Representatives
    13. Jun 3HOUSE PASSEDHouse of Representatives
    14. Jun 3IN CONCURRENCEHouse of Representatives
    15. Jun 11PUBLIC ACTBoth houses
    16. Jun 23TRANSMITTED TO SECRETARY OF THE STATEBoth houses
    17. Jun 23TRANSMITTED BY SECRETARY OF THE STATE TO GOVERNORGovernor
    18. Jun 24SIGNED BY GOVERNORGovernor