Connecticut Seal

General Assembly

Amendment

 

February Session, 2008

LCO No. 4193

   
 

*SB0065204193SRO*

Offered by:

 

SEN. DEBICELLA, 21st Dist.

 

To: Subst. Senate Bill No. 652

File No. 603

Cal. No. 399

Strike everything after the enacting clause and substitute the following in lieu thereof:

"Section 1. (Effective July 1, 2008) (a) The Department of Economic and Community Development shall conduct a study evaluating tax-qualified defined contribution retirement programs that provide retirement investment plans, including, but not limited to, those created under Section 401 of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as from time to time amended, to self-employed individuals, small employers and organizations qualifying as tax-exempt pursuant to Section 501(c)(3) of said Internal Revenue Code.

(b) On or before January 1, 2009, said department shall submit the results of such study, in accordance with the provisions of section 11-4a of the general statutes, to the joint standing committee of the General Assembly having cognizance of matters relating to commerce. "

This act shall take effect as follows and shall amend the following sections:

Section 1

July 1, 2008

New section