Appropriations Committee

JOINT FAVORABLE REPORT

Bill No.:

HB-5259

Title:

AN ACT CONCERNING ADOPTION OF THE CONNECTICUT UNIFORM LIMITED LIABILITY COMPANY ACT.

Vote Date:

4/18/2016

Vote Action:

Joint Favorable Substitute

PH Date:

2/29/2016

File No.:

525

SPONSORS OF BILL:

Judiciary Committee

REASONS FOR BILL:

See the Judiciary Committee's Joint Favorable Report

SUBSTITUTE LANGUAGE:

The substitute language (LCO 4044) adds a new section with language that mandates if the Secretary of the State database needs to be upgraded or requires additional software to accept the new or modified filings under the bill, the Secretary of the State will do the upgrades or procure the software only within available appropriations. The language also changes the numbering of former sections 109 and 110 to 110 and 111 respectively.

RESPONSE FROM ADMINISTRATION/AGENCY:

See the Judiciary Committee's Joint Favorable Report

NATURE AND SOURCES OF SUPPORT:

See the Judiciary Committee's Joint Favorable Report

NATURE AND SOURCES OF OPPOSITION:

See the Judiciary Committee's Joint Favorable Report

Reported by: Sarah Schnitman

Date: 4/25/16