General Assembly Proposed Bill No. 5131 January Session, 2015 LCO No. 182 *00182* Referred to Committee on BANKS Introduced by: REP. SRINIVASAN, 31st Dist. General Assembly Proposed Bill No. 5131 January Session, 2015 LCO No. 182 *00182* Referred to Committee on BANKS Introduced by: REP. SRINIVASAN, 31st Dist. AN ACT REQUIRING THE BANKING COMMISSIONER TO CONDUCT A STUDY OF CROWDFUNDING LEGISLATION IN OTHER STATES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the Banking Commissioner be required to (1) conduct a study of existing legislation in other states concerning investment crowdfunding exemptions for nonaccredited investors, and (2) make recommendations for the implementation of such legislation in Connecticut. Statement of Purpose: To require the Banking Commissioner to conduct a study of crowdfunding legislation in other states.