Page 144

House Bill No. 5506

Public Act No. 22-118 144 of 739

and the Internet web site shall be borne solely and equally by registered vendors, based upon the total number of registered vendors. (d) The [board] Comptroller may remove a vendor from the Internet web site if the vendor: (1) Submits materially inaccurate information to the [board] Comptroller, (2) does not remit assessed fees within sixty days from the date of assessment, or (3) fails to submit to the [board] Comptroller notice of any material change to the vendor's registered investment products. Any vendor found to have submitted materially inaccurate information to the [board] Comptroller shall be allowed sixty calendar days to correct the information. Sec. 108. Section 31-428 of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2022): The [Connecticut Retirement Security Authority board of directors] Comptroller shall establish and maintain a secure Internet web site to provide Connecticut Retirement Security [Exchange] Program participants with information regarding the various investment options offered through the program, including the historical investment performance of such options. Sec. 109. Section 31-429 of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2022): (a) No member of the Connecticut Retirement Security [Authority board of directors] Advisory Board, except the State Comptroller or State Treasurer, or any executive director, assistant executive director or authorized officer appointed by said board or the principal of an entity with a contract with the [authority] Comptroller to administer the Connecticut Retirement Security Program, shall make a contribution to, or knowingly solicit contributions from the [board's or the executive director's or assistant executive director's employees] board on behalf of (1) an exploratory committee or candidate committee established by a