Connecticut SB 150: AN ACT PROVIDING PROTECTIONS FOR CONSUMERS APPLYING FOR REVERSE MORTGAGES.
Status: SIGNED BY GOVERNOR (as of 2018-05-29)
State: Connecticut · Session: 2018 · Bill: SB 150
Subjects: Consumer protection, Reverse mortgages, Unfair or deceptive trade practices
Sponsors: Butler, Larry B., Cassano, Steve, Demicco, Mike, Duff, Bob, Fleischmann, Andrew M., Gerratana, Terry B., Hwang, Tony, Kelly, Kevin C., Looney, Martin M., Martin, Henri, Miller, Patricia Billie, Mushinsky, Mary M., Osten, Catherine A., Santiago, Hilda E., Stafstrom, Steven J., Tercyak, Peter A.
Bill Text
Substitute Senate Bill No. 150 Public Act No. 26-4 AN ACT CONCERNING THE LEGISLATIVE COMMISSIONERS' RECOMMENDATIONS FOR TECHNICAL REVISIONS TO THE HIGHER EDUCATION STATUTES. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Subsection (h) of section 10a-157a of the 2026 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2026): (h) For the fall semester of 2025 and spring semester of 2026, the Board of Regents for Higher Education shall continue to offer each transitional college readiness program, embedded remedial support program and intensive remedial support program that said board offered at each public institution of higher education during the fall semester of 2024 and spring semester of 2025, respectively. Sec. 2. Subsection (b) of section 10a-80 of the 2026 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2026): (b) As used in this section, "community service programs" means educational, cultural, recreational and community directed services that the Connecticut State Community College may provide in addition to its regular academic program. Such community service programs may Substitute Senate Bill No. 150 Public Act No. 26-4 2 of 4 include, but shall not be limited to, (1) activities designed to enrich the intellectual, cultural and social life of the community, (2) educational services designed to promote the development of skills for the effective use of leisure time, (3) activities and programs designed to assist in the identification and solution of community problems, and (4) utilization of college facilities and services by community groups to the extent such usage does not conflict with the regular schedule of the college. Sec. 3. Subsection (b) of section 10a-72 of the 2026 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2026): (b) The Board of Regents for Higher Education shall: (1) Make rules for the governance of the Connecticut State Community College, determine the general policies of said college, including such policies concerning the admission of students, and direct the expenditure of said college's funds within the amounts available; (2) Develop mission statements for the Connecticut State Community College: The mission statement for the Connecticut State Community College shall include, but need not be limited to, the following elements: (A) The educational needs of and constituencies served by said college, [;] (B) the degrees offered by said college, and (C) the role and scope of each campus of said college, which shall include each campus's particular strengths and specialties; (3) Establish policies for the Connecticut State Community College; (4) Establish policies that protect academic freedom and the content of courses and degree programs; (5) Establish new academic programs; (6) Make institutional mergers or closures; Substitute Senate Bill No. 150 Public Act No. 26-4 3 of 4 (7) Coordinate the programs and services of the campuses of the Connecticut State Community College; (8) Promote fund-raising by the campuses of the Connecticut State Community College to assist such campuses, provided the board shall not directly engage in fund-raising except for purposes of providing funding for (A) scholarships or other direct student financial aid, and (B) programs, services or activities at one or more of such campuses and report to the joint standing committee of the General Assembly having cognizance of matters relating to higher education not later than January first, biennially, on all such fund-raising; and (9) Charge the direct costs for a building project under its jurisdiction to the bond fund account for such project; provided, (A) such costs are charged in accordance with a procedure approved by the Treasurer, and (B) nothing in this subdivision shall permit the charging of working capital costs, as defined in the applicable provisions of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as from time to time amended, or costs originally paid from sources other than the bond fund account. Sec. 4. Section 10-155 of the 2026 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2026): The Board of Regents for Higher Education, on behalf of the Connecticut State University System, may maintain an emergency training program to prepare graduates of approved four-year colleges and universities to teach in the elementary schools of the state. In carrying out such program, the board may (1) establish regulations governing the admission of students to the program, [;] (2) fix tuition rates to be paid by such students, and (3) enter into such contracts and agreements as it finds necessary to secure the necessar
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