General Assembly Proposed Bill No. 5463
January Session, 2013 LCO No. 2109
Referred to Committee on COMMERCE
Introduced by:
REP. HADDAD, 54th Dist. REP. ALBIS, 99th Dist. REP. BERGER, 73rd Dist. REP. WRIGHT E., 41st Dist. REP. O'BRIEN E., 61st Dist. REP. WILLIS, 64th Dist. REP. LEMAR, 96th Dist. REP. LUXENBERG, 12th Dist. REP. DEMICCO, 21st Dist.
General Assembly
Proposed Bill No. 5463
January Session, 2013
LCO No. 2109
Referred to Committee on COMMERCE
Introduced by:
REP. HADDAD, 54th Dist.
REP. ALBIS, 99th Dist.
REP. BERGER, 73rd Dist.
REP. WRIGHT E., 41st Dist.
REP. O'BRIEN E., 61st Dist.
REP. WILLIS, 64th Dist.
REP. LEMAR, 96th Dist.
REP. LUXENBERG, 12th Dist.
REP. DEMICCO, 21st Dist.
AN ACT CONCERNING THE ESTABLISHMENT OF BENEFIT CORPORATIONS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 601 of the general statutes be amended to establish a benefit corporation as a class of for-profit corporation that (1) has as one of its purposes the creation of a general public benefit that produces a material positive impact on society and the environment, (2) must prepare an annual benefit report concerning its pursuit of a public benefit, and (3) provides that the duties of its directors, the production of the annual benefit report and the pursuit of a general public benefit may be enforced exclusively through a benefit enforcement proceeding.
Statement of Purpose:
To provide for the establishment of benefit corporations in the state.