Connecticut 2013 Regular Session

Connecticut Senate Bill SB00528 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 528
22 January Session, 2013 LCO No. 2180
33 Referred to Committee on COMMERCE
44 Introduced by:
55 SEN. LEONE, 27th Dist.
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77 General Assembly
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99 Proposed Bill No. 528
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1111 January Session, 2013
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1313 LCO No. 2180
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1515 Referred to Committee on COMMERCE
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1717 Introduced by:
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1919 SEN. LEONE, 27th Dist.
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2121 AN ACT AUTHORIZING ESTABLISHMENT OF LOW-PROFIT LIMITED LIABILITY COMPANIES.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That title 34 of the general statutes be amended to authorize establishment of low-profit limited liability companies as taxable for-profit businesses with the stated goal of performing a socially beneficial purpose, as opposed to maximizing income.
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2727 Statement of Purpose:
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2929 To provide for the establishment of low-profit limited liability companies (L3Cs) in the state.