Connecticut Seal

General Assembly

Amendment

 

February Session, 2016

LCO No. 4868

   
 

*HB0559104868HDO*

Offered by:

 

REP. TERCYAK, 26th Dist.

 

To: Subst. House Bill No. 5591

File No. 303

Cal. No. 227

(As Amended by House Schedules "A" and "B")

"AN ACT CREATING THE CONNECTICUT RETIREMENT SECURITY PROGRAM. "

Strike section 501 in its entirety and substitute the following in lieu thereof:

"Sec. 501. (NEW) (Effective from passage) (a) No member of the Connecticut Retirement Security Authority board of directors, except the State Comptroller or State Treasurer, or any executive director, assistant executive director or authorized officer appointed by said board or the principal of an entity with a contract with the authority to administer the Connecticut Retirement Security Program, shall make a contribution to, or knowingly solicit contributions from the board's or the executive director's or assistant executive director's employees on behalf of (1) an exploratory committee or candidate committee established by a candidate for nomination or election to the office of Governor, Lieutenant Governor, Attorney General, State Comptroller, Secretary of the State or State Treasurer, or (2) a political committee authorized to make contributions or expenditures to or for the benefit of such candidates.

(b) No member of the Connecticut Retirement Security Authority board of directors, except the State Comptroller or State Treasurer, or any executive director, assistant executive director or authorized officer appointed by said board or the principal of any entity with a contract with the authority to administer the program shall make a contribution to, or knowingly solicit contributions from the board's or the executive director's or assistant executive director's employees on behalf of (1) an exploratory committee or candidate committee established by a candidate for nomination or election to the office of state senator or state representative, or (2) a political committee authorized to make contributions or expenditures to or for the benefit of such candidates.

(c) The provisions of this section and sections 1 to 20, inclusive, of this act, shall be severable, and, if any of their provisions are held to be unconstitutional or invalid, the validity of the remaining provisions of said sections will not be affected. "