# Connecticut SB 01398: AN ACT CONCERNING COMMUNITY REINVESTMENT BY BANKS AND CREDIT UNIONS.

Connecticut SB 01398, AN ACT CONCERNING COMMUNITY REINVESTMENT BY BANKS AND CREDIT UNIONS., is a 2025 Regular Session Senate bill sponsored by Banking Committee; status failed, last action 2025-03-27 (File Number 292) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/CT-SB01398-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Connecticut SB 01398
- State: Connecticut
- Session: 2025 Regular Session
- Title: AN ACT CONCERNING COMMUNITY REINVESTMENT BY BANKS AND CREDIT UNIONS.
- Status: failed
- Chamber: Senate
- Introduced: 2025-02-27
- Last action: 2025-03-27, File Number 292
- Sponsor: Banking Committee
- Cosponsors: 0
- Subjects: banking
- Touches household money: no
- Roll calls: 1 (13 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

To (1) define "minority", "minority-owned business" and "women-owned business" for the purposes of banking and credit union statutes concerning community reinvestment, (2) add various references to minority or women-owned businesses to banking and credit union statutes concerning community reinvestment, (3) require mortgage lenders to file certain reports and records, (4) require inspections of mortgage lenders, and (5) require examinations of certain mortgage lenders to assess such lenders' compliance with fair lending laws.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Banking Committee

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-03-11 | Senate | BA Vote Tally Sheet (Joint Favorable Substitute) | pass | 13 | 0 |   |

## Actions (9)

- 2025-03-27: File Number 292 (legislature)
- 2025-03-27: Senate Calendar Number 192 (Senate)
- 2025-03-27: Favorable Report, Tabled for the Calendar, Senate (Senate)
- 2025-03-27: Reported Out of Legislative Commissioners' Office (legislature)
- 2025-03-21: Referred to Office of Legislative Research and Office of Fiscal Analysis 03/26/25 5:00 PM (legislature)
- 2025-03-11: Filed with Legislative Commissioners' Office (legislature)
- 2025-03-11: Joint Favorable Substitute (legislature)
- 2025-02-28: Public Hearing 03/04 (legislature)
- 2025-02-27: Referred to Joint Committee on Banking (legislature)

## Bill text

- File No. 292, 2025-03-27: [PDF](https://www.cga.ct.gov/2025/FC/PDF/2025SB-01398-R000292-FC.PDF)
- BA Joint Favorable Substitute, 2025-03-11: [PDF](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-01398-R01-SB.PDF)
- Raised Bill, 2025-02-27: [PDF](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-01398-R00-SB.PDF)
- BA Joint Fav. Rpt: [PDF](https://www.cga.ct.gov/2025/JFR/S/PDF/2025SB-01398-R00BA-JFR.PDF)
- BA Vote Tally Sheet (Joint Favorable Substitute): [PDF](https://www.cga.ct.gov/2025/TS/S/PDF/2025SB-01398-R00BA-CV50-TS.PDF)
- Bill Analysis For File Copy 292: [PDF](https://www.cga.ct.gov/2025/BA/PDF/2025SB-01398-R000292-BA.PDF)
- Fiscal Note For File Copy 292: [PDF](https://www.cga.ct.gov/2025/FN/PDF/2025SB-01398-R000292-FN.PDF)

## Related bills

- HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST. (signed)
- SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF THE STATE. (signed)
- SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES. (signed)
- SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNPAID SEWER ASSESSMENTS AND OTHER FEES AND CHARGES. (signed)
- HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS. (signed)
- HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE. (signed)

## Sources
- [File No. 292 (PDF)](https://www.cga.ct.gov/2025/FC/PDF/2025SB-01398-R000292-FC.PDF)
- [BA Joint Favorable Substitute (PDF)](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-01398-R01-SB.PDF)
- [Raised Bill (PDF)](https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-01398-R00-SB.PDF)
- [BA Joint Fav. Rpt (PDF)](https://www.cga.ct.gov/2025/JFR/S/PDF/2025SB-01398-R00BA-JFR.PDF)
- [BA Vote Tally Sheet (Joint Favorable Substitute) (PDF)](https://www.cga.ct.gov/2025/TS/S/PDF/2025SB-01398-R00BA-CV50-TS.PDF)
- [Bill Analysis For File Copy 292 (PDF)](https://www.cga.ct.gov/2025/BA/PDF/2025SB-01398-R000292-BA.PDF)
- [Fiscal Note For File Copy 292 (PDF)](https://www.cga.ct.gov/2025/FN/PDF/2025SB-01398-R000292-FN.PDF)

## Related
- [HB 05013: AN ACT ADDING CERTAIN PLANTS TO THE INVASIVE PLANTS LIST.](https://policyrisk.com/state-bill/CT-HB05013-2025)
- [SB 01558: AN ACT CONCERNING INCOME TAXES IMPOSED BY OTHER JURISDICTIONS ON RESIDENTS OF T…](https://policyrisk.com/state-bill/CT-SB01558-2025)
- [SB 01396: AN ACT CONCERNING EARNED BUT UNPAID WAGE OR SALARY INCOME ADVANCES.](https://policyrisk.com/state-bill/CT-SB01396-2025)
- [SB 01187: AN ACT CONCERNING FORECLOSURE, ASSIGNMENT AND OTHER ENFORCEMENT ACTIONS FOR UNP…](https://policyrisk.com/state-bill/CT-SB01187-2025)
- [HB 07236: AN ACT CONCERNING HUMAN TRAFFICKING AND SEXUAL ASSAULT VICTIMS.](https://policyrisk.com/state-bill/CT-HB07236-2025)
- [HB 07192: AN ACT IMPLEMENTING RECOMMENDATIONS OF THE BIPARTISAN DRUG TASK FORCE.](https://policyrisk.com/state-bill/CT-HB07192-2025)
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Source: PRIA, https://policyrisk.com/state-bill/CT-SB01398-2025 (as of 2026-10-17).