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HB 5315

AN ACT ESTABLISHING A WORKING GROUP TO STUDY CONSUMER FRAUD AND PROTECTIONS AGAINST SUCH FRAUD.

2026 Regular Session Introduced by Tom Delnicki

Connecticut establishes a working group to investigate consumer fraud patterns and evaluate current protections without immediately creating new safeguards.

FILE NO. 99
#consumerprotection #fraud #reports #studies #bankingdepartment
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Bill Summary · HB 5315

Legislative bill overview

HB 5315 establishes a working group tasked with studying consumer fraud and examining existing protections against fraudulent practices in Connecticut. The bill does not implement new protections itself but rather creates a fact-finding body to investigate the scope of the problem and evaluate current safeguards.

Why is this important

Consumer fraud causes direct financial harm to individuals and erodes trust in markets and institutions. Understanding the landscape of fraud and gaps in existing protections can inform future legislation that more effectively safeguards Connecticut residents and potentially saves consumers millions in losses.

Potential points of contention

  • Scope definition: Disagreement over what types of fraud should be studied (e.g., online scams, financial services, elder abuse, telemarketing) could limit the working group's effectiveness
  • Implementation timeline and funding: The bill's success depends on adequate resources and clear deadlines; vague timelines could result in delays or incomplete analysis
  • Existing redundancy: Connecticut may already have multiple agencies studying fraud; critics might argue this creates bureaucratic duplication rather than addressing problems directly

Compiled from official sources — confirm details with the bill’s official record.

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