ConnecticutHB 058492025 Regular SessionHouse

AN ACT CONCERNING THE PRIORITY OF CLAIMS TO FINANCIAL ASSETS OF SECURITIES INTERMEDIARIES.

Sponsored By: Banking Committee

Failed

Summary

To eliminate a statutory provision setting forth that a claim of a creditor of a securities intermediary who has a security interest in a financial asset held by a securities intermediary has priority over claims of the securities intermediary's entitlement holders who have security entitlements with respect to that financial asset if the creditor has control over the financial asset.

banking

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Banking Committee

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 0 • No: 0

House vote • 2/4/2025

BA Vote Tally Sheet (Vote to Draft)

Yes: 0 • No: 0

Actions Timeline

  1. Public Hearing 02/27

    2/20/2025legislature
  2. Referred to Joint Committee on Banking

    2/19/2025legislature
  3. Drafted by Committee

    2/18/2025legislature
  4. Vote to Draft

    2/4/2025legislature
  5. Referred to Joint Committee on Banking

    1/22/2025legislature

Bill Text

  • Proposed Bill

    1/22/2025

  • BA Vote Tally Sheet (Vote to Draft)

  • Committee Bill

Related Bills

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