# Connecticut SB 00512: AN ACT ESTABLISHING THE CONNECTICUT GROWTH INVESTMENT FUND.

Connecticut SB 00512, AN ACT ESTABLISHING THE CONNECTICUT GROWTH INVESTMENT FUND., is a 2026 Regular Session Senate bill sponsored by Finance, Revenue and Bonding Committee; status failed, last action 2026-03-23 (Public Hearing 03/27) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/CT-SB00512-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Connecticut SB 00512
- State: Connecticut
- Session: 2026 Regular Session
- Title: AN ACT ESTABLISHING THE CONNECTICUT GROWTH INVESTMENT FUND.
- Status: failed
- Chamber: Senate
- Introduced: 2026-03-20
- Last action: 2026-03-23, Public Hearing 03/27
- Sponsor: Finance, Revenue and Bonding Committee
- Cosponsors: 1
- Subjects: finance, revenue and bonding
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

To establish the Connecticut Growth Investment Fund as an alternative to the tax imposed by section 12-391 of the general statutes.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Finance, Revenue and Bonding Committee
- Cosponsor: Travis Simms (Democratic), House

## Actions (2)

- 2026-03-23: Public Hearing 03/27 (legislature)
- 2026-03-20: Referred to Joint Committee on Finance, Revenue and Bonding (legislature)

## Bill text

- Raised Bill, 2026-03-20: [PDF](https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00512-R00-SB.PDF)

## Related bills

- SB 00488: AN ACT IMPLEMENTING THE TREASURER'S RECOMMENDATIONS FOR REVISIONS TO THE UNCLAIMED PROPERTY PROGRAM AND SECOND INJURY FUND. (signed)
- SB 00475: AN ACT CONCERNING JUDICIAL BRANCH OPERATIONS. (signed)
- SB 00484: AN ACT CONCERNING DISTRACTED DRIVING AND THE SAFE OPERATION OF A MOTOR VEHICLE IN A HIGHWAY WORK ZONE. (signed)
- SB 00444: AN ACT AUTHORIZING CERTAIN MUNICIPAL EMPLOYEES TO SERVE ON MUNICIPAL BOARDS OF FINANCE. (signed)
- SB 00370: AN ACT CONCERNING THE HOURLY COMPENSATION FOR ADJUNCT FIRE INSTRUCTORS. (signed)
- SB 00400: AN ACT CONCERNING PROBATE COURT OPERATIONS. (signed)

## Sources
- [Raised Bill (PDF)](https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00512-R00-SB.PDF)

## Related
- [SB 00488: AN ACT IMPLEMENTING THE TREASURER'S RECOMMENDATIONS FOR REVISIONS TO THE UNCLAI…](https://policyrisk.com/state-bill/CT-SB00488-2026)
- [SB 00475: AN ACT CONCERNING JUDICIAL BRANCH OPERATIONS.](https://policyrisk.com/state-bill/CT-SB00475-2026)
- [SB 00484: AN ACT CONCERNING DISTRACTED DRIVING AND THE SAFE OPERATION OF A MOTOR VEHICLE…](https://policyrisk.com/state-bill/CT-SB00484-2026)
- [SB 00444: AN ACT AUTHORIZING CERTAIN MUNICIPAL EMPLOYEES TO SERVE ON MUNICIPAL BOARDS OF…](https://policyrisk.com/state-bill/CT-SB00444-2026)
- [SB 00370: AN ACT CONCERNING THE HOURLY COMPENSATION FOR ADJUNCT FIRE INSTRUCTORS.](https://policyrisk.com/state-bill/CT-SB00370-2026)
- [SB 00400: AN ACT CONCERNING PROBATE COURT OPERATIONS.](https://policyrisk.com/state-bill/CT-SB00400-2026)
- [Connecticut bills](https://policyrisk.com/states/connecticut/bills)
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Source: PRIA, https://policyrisk.com/state-bill/CT-SB00512-2026 (as of 2026-11-01).