Raised S.B. No. 1087
Session Year 2023
 


AN ACT CONCERNING LIMITS ON LOANS TO ONE OBLIGOR AND CONNECTICUT BANK INVESTMENTS.

To provide that Connecticut banks shall base certain calculations on capital and surplus instead of equity capital and reserves for loan and lease losses, and authorize Connecticut banks to elect to make such calculations based on equity capital and adjusted allowances for credit losses in certain circumstances.

Introduced by:
Banking Committee

 New today  2-4 days old  5 days & older
   Text of Bill
 Raised Bill  [doc]

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 2/28/2023Public Hearing 03/02
 2/23/2023Referred to Joint Committee on Banking

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