HB 5315 Connecticut House · 2026 Regular Session

AN ACT ESTABLISHING A WORKING GROUP TO STUDY CONSUMER FRAUD AND PROTECTIONS AGAINST SUCH FRAUD.

HB 5315 establishes a working group to study consumer fraud and existing protections against it. The group, to be convened by banking committee leaders, includes members representing financial institutions, credit unions, consumer advocates, senior citizens, and the Banking Commissioner. The working group must submit a report with findings and recommendations to the banking committee by January 1, 2027. This bill does not create new laws or protections but requires a formal study of the issue.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 26, 2026 Last action Mar 19, 2026

Maddy AI version diff · 1 comparison

What changed between versions

Raised Bill → BA Joint Favorable Substitute · 3 edits

MINOR

The bill was renamed from 'Raised Bill' to 'Substitute Bill' and its assigned legislative committee number changed. The most significant substantive change is the reorganization of the working group's membership, which now includes the Commissioner of Emergency Services and Public Protection and the executive director of the Commission on Women, Children, Seniors, Equity and Opportunity, replacing the previous representatives of financial institution and credit union associations. The appointment process for these members was also updated to reflect the new composition.

Scope change

The scope of the working group's membership was expanded to include state officials focused on emergency services and equity, while reducing the direct representation of financial institutions and credit unions in the committee.

REQUIREMENT

The composition of the working group was altered to replace representatives of financial institutions and credit unions with the Commissioner of Emergency Services and Public Protection and the executive director of the Commission on Women, Children, Seniors, Equity and Opportunity.

The appointment authority was updated to reflect the new membership categories, shifting from selecting associations to appointing specific state commissioners and directors.

TECHNICAL

The bill title was updated from 'Raised Bill' to 'Substitute Bill' and the legislative committee number was changed from LCO No. 2043 to LCO No. 2043 (Substitute).

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 10, 2026

Lower · Passed

Joint Favorable Substitute

lower

Feb 26, 2026

Committee

REF. TO JOINT COMM. ON Banking

lower

1 primary · 0 co-sponsors