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The unclaimed assets include savings accounts, utility deposits and inherited money that individuals, businesses and other organizations may not know is theirs.
A last-minute change to the language of bonding capacity in the recently passed bill effectively limited the state's ability to issue new bonds.
Among those voting against the proposal was State Sen. L. Scott Frantz, who said that by revisiting tolls, the governor “has ignored the will of the legislature, and ultimately ignored the will of the Connecticut taxpayer.”
Denise Nappier was the first woman elected Connecticut treasurer and the first African-American woman elected to statewide office in Connecticut.
“Completing payment on the Economic Recovery Notes closes a regrettable chapter in Connecticut’s financial history,” Gov. Dannel Malloy said.
After paying fees and expenses, the overall portfolio increased by more than $3 billion in value during the year.
The Connecticut Retirement Plans and Trust Funds owns a small portion of Tesla, which has been trying to win state approval to sell its cars in Connecticut for the past several years.
The Connecticut Retirement Plans and Trust Funds, which owns a part of the automaker, maintains conflicts of interest among other concerns.
The Connecticut Treasurer's office is reviewing the state's pension fund to evaluate any investment exposure to gun manufacturers and to retailers and other gun distributors.