Substitute Senate Bill No. 1059
         Substitute Senate Bill No. 1059

              PUBLIC ACT NO. 95-188

AN  ACT  CONCERNING THE INTEGRITY OF THE OFFICE OF
THE TREASURER.


    Section   1.   Section  1-84  of  the  general
statutes is amended by adding  subsection  (n)  as
follows:
    (NEW)   (n)   As   used  in  this  subsection,
"investment  services"   means   legal   services,
investment  banking  services, investment advisory
services,   underwriting    services,    financial
advisory  services or brokerage firm services. The
treasurer shall not pay any compensation, expenses
or  fees  or  issue any contract to any firm which
provides investment services when (1) a  political
committee,   as   defined   in   section   9-333a,
established by such firm, or (2) an individual who
is  an owner of such firm or employed by such firm
as  a  manager,  officer,  director,  partner   or
employee    with   managerial   or   discretionary
responsibilities  to  invest,  manage   funds   or
provide   investment   services   for   brokerage,
underwriting  and  financial  advisory  activities
which  are  in  the  statutory  and constitutional
purview of the treasurer, has made a contribution,
as  defined  in  section  9-333b,  on or after the
effective  date  of  this  act  to,  or  solicited
contributions  on  or  after the effective date of
this act on behalf of, any  exploratory  committee
or  candidate  committee,  as  defined  in section
9-333a, established by a candidate for  nomination
or  election  to  the  office  of  treasurer.  The
treasurer shall not pay any compensation, expenses
or  fees  or  issue any contract to such firms and
individuals  during  the   term   of   office   as
treasurer,  including,  for an incumbent treasurer
seeking reelection, any remainder of  the  current
term of office.
    Sec.   2.   Section   9-333n  of  the  general
statutes is amended by adding  subsection  (f)  as
follows:
    (NEW)   (f)   As   used  in  this  subsection,
"investment  services"   means   legal   services,
investment  banking  services, investment advisory
services,   underwriting    services,    financial
advisory  services  or brokerage firm services. No
individual  who  is  an  owner  of  a  firm  which
provides  investment  services  and  to  which the
treasurer pays compensation, expenses or  fees  or
issues  a  contract,  and  no  individual  who  is
employed by such a firm  as  a  manager,  officer,
director,  partner  or employee with managerial or
discretionary responsibilities to  invest,  manage
funds   or   provide   investment   services   for
brokerage,  underwriting  and  financial  advisory
activities   which   are   in  the  statutory  and
constitutional purview  of  the  treasurer,  shall
make a contribution on or after the effective date
of this act to, or  solicit  contributions  on  or
after the effective date of this act on behalf of,
an exploratory committee  or  candidate  committee
established  by  a  candidate  for  nomination  or
election to the office  of  treasurer  during  the
term   of  office  of  the  treasurer  which  pays
compensation,  expenses  or  fees  or   issues   a
contract to such firm.
    Sec.   3.   Section   9-333o  of  the  general
statutes is amended by adding  subsection  (f)  as
follows:
    (NEW)   (f)   As   used  in  this  subsection,
"investment  services"   means   legal   services,
investment  banking  services, investment advisory
services,   underwriting    services,    financial
advisory  services  or brokerage firm services. No
political committee established by  a  firm  which
provides  investment  services  and  to  which the
treasurer pays compensation, expenses or  fees  or
issues  a contract shall make a contribution on or
after the  effective  date  of  this  act  to,  or
solicit  contributions  on  or after the effective
date of this act  on  behalf  of,  an  exploratory
committee  or candidate committee established by a
candidate for nomination or election to the office
of  treasurer  during  the  term  of office of the
treasurer which does business with such firm.
    Sec.   4.   Section   9-333w  of  the  general
statutes is amended by adding  subsection  (d)  as
follows:
    (NEW)   (d)   The  campaign  treasurer  of  an
exploratory  committee  or   candidate   committee
established  by  a  candidate  for  nomination  or
election  to  the  office   of   treasurer   which
committee  sponsors  any  written,  typed or other
printed communication for the purpose  of  raising
funds   shall  include  in  such  communication  a
statement concerning the prohibitions set forth in
section  1  of this act, subsection (f) of section
9-333n, as amended by section 2 of this  act,  and
subsection  (f)  of  section 9-333o, as amended by
section 3 of this act.