Connecticut state statutes provide that the State Treasurer, in addition to responsibilities related to the operations of the State Treasury and as principal fiduciary of the Connecticut Retirement Plans and Trust Funds, serves as a member, ex-officio member, or can designate a representative, on a number of State boards and commissions. Those boards are listed below, along with links to web sites where more information about their operations is available.
The Banking Commission approves all applications for the creation of state banks or trust companies. CT Department of Banking
State Bond Commission
The State Bond Commission is empowered under the Connecticut General Statutes to allocate bond funds to finance specific projects and purposes.
State Bond Commission
The Connecticut Green Bank leverages public and private funds
to accelerate the growth of green energy in Connecticut.
Connecticut Airport Authority
CAA manages Bradley International Airport and the state's general aviation airports. www.ctairports.org.
Connecticut Health and Educational Facilities Authority
CHEFA provides Connecticut's nonprofit institutions access to low cost financing in the public municipal markets. Hospitals, institutions of higher education, independent schools, childcare providers, cultural institutions, and human service providers have benefited from this financing to expand their physical plant and equipment and increase services to their clients. http://www.chefa.com/
Connecticut Higher Education Supplemental Loan Authority
The authority serves as an alternative source of loan funds to help students and families afford the costs of a college education by reducing the financial burdens of borrowing. www.chesla.org
Connecticut Higher Education Trust (CHET) Advisory
The board advises the Treasurer on policies concerning CHET. The Connecticut Higher Education Trust allows families to make tax deferred investments for higher education costs.
CHET Advisory Committee
Connecticut Housing Finance Authority
CHFA helps alleviate the shortage of housing for low- and moderate-income families and individuals and
provdes mortgages for single family homeowners at below market
Connecticut Innovations is dedicated to driving an entrepreneurial, technology-based economy in Connecticut. It stimulates high-tech growth by investing in early-stage Connecticut technology companies, university/industry research collaborations and technology transfer and collaborating with government, business, nonprofit and academic organizations to advance technology growth. http://www.ctinnovations.com/Home.aspx
Connecticut Lottery Corporation Board of Directors
The Connecticut Lottery Corporation manages the State lottery and seeks to maximize the efficiency of operations in order to provide a greater return to the general fund. http://www.ctlottery.org/Modules/Meetings/default.aspx
Connecticut Port Authority
The Connecticut Port Authority coordinates the development of
the state's ports and harbors, with a focus on private and public
investments, and pursues federal and state funds for dredging and
other infrastructure improvements, among other purposes.
Connecticut Retirement Security Authority
The Connecticut Retirement Security Authority was created to
implement a program to provide private-sector employees with
retirement savings accounts if they lack access to one through
Connecticut Student Loan Foundation
The Connecticut Student Loan Foundation is a non-profit corporation created to improve educational opportunity and promote repayment of loans. www.cslf.com
Council of Fiscal Officers
The Council of Fiscal Officers provides a forum for discussion and participation in the development of State financial policies, practices and systems.
Finance Advisory Committee
The Finance Advisory Committee approves budget transfers recommended by the Governor and has other such powers over the State budget when the General Assembly is not in session. http://www.ct.gov/opm/cwp/view.asp?q=382954
Investment Advisory Council
The Investment Advisory Council advises on investment policy and guidelines, and also reviews the assets and performance of the pension funds. Additionally, the Council advises the Treasurer with respect to the hiring of outside investment advisors and on the appointment of the Chief Investment Officer.
Nitrogen Credit Advisory Board
The Nitrogen Credit Advisory Board assists and advises the
Commissioner of the Department of Energy and Environmental
Protection in administering the nitrogen credit exchange program.
Nitrogen Control Program
Second Injury Fund Advisory Board
establishes a Second Injury Fund ("SIF") Advisory Board. The
board advises the Treasurer, as the custodian of the Second Injury
Fund, on matters concerning administration, operation, claim
handling and finances of the Fund. The Fund is a state
operated workers' compensation fund.
SIF Advisory Board
The standardization committee approves or grants waivers to existing purchasing regulations when it is in the best interests of the State to do so.
State Employees Retirement Commission
The Commission administers the provisions of the State Employees Retirement System, the Municipal Employees Retirement System, and all other state retirement and pension plans except the Teachers' Retirement System. http://www.osc.ct.gov/rbsd/commission/Index.html
Teachers' Retirement Board
The Board administers the Connecticut Teachers' Retirement System. www.ct.gov/trb.