LCO No. 5241 1 of 2 General Assembly Raised Bill No. 1397 January Session, 2025 LCO No. 5241 Referred to Committee on BANKING Introduced by: (BA) AN ACT CONCERNING A STUDY RELATING TO HOMEOWNERSHIP LOAN PROGRAMS IN THE STATE. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (Effective from passage) The Connecticut Housing Finance 1 Authority shall conduct a study relating to the status of homeownership 2 loan programs in the state. Not later than January 15, 2026, the authority 3 shall submit a report, in accordance with the provisions of section 11-4a 4 of the general statutes, concerning the results of such study to the joint 5 standing committee of the General Assembly having cognizance of 6 matters relating to banking. 7 This act shall take effect as follows and shall amend the following sections: Section 1 from passage New section Statement of Purpose: To require the Connecticut Housing Finance Authority to conduct a study and submit a report relating to the status of homeownership loan programs in the state. Raised Bill No. 1397 LCO No. 5241 2 of 2 [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]