SB 307: AN ACT CONCERNING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT'S RECOMMENDATIONS FOR REVISIONS TO THE COMMERCE STATUTES AND PROHIBITING SCHOLARSHIP DISPLACEMENT FOR CERTAIN STUDENTS AT PUBLIC INSTITUTIONS OF HIGHER EDUCATION.
SB 307 status: Enacted — SIGNED BY GOVERNOR (updated Jun 2, 2026).
What this bill does
Overall score
Bill summary
OfficialAN ACT CONCERNING THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT'S RECOMMENDATIONS FOR REVISIONS TO THE COMMERCE STATUTES AND PROHIBITING SCHOLARSHIP DISPLACEMENT FOR CERTAIN STUDENTS AT PUBLIC INSTITUTIONS OF HIGHER EDUCATION.. Currently in Senate.
Key analysis
Impact analysis
Environment
Benefits
- No direct impact identified
Risks
- No direct impact identified
Economy
Benefits
- Modernizes state commerce and economic development statutes
- Streamlines administration of state-funded grant and loan programs
Risks
- Potential regulatory complexity for impacted businesses
- Administrative burden of implementing statutory revisions
Society
Benefits
- Prevents scholarship displacement for students
- Increases financial stability for public university students
Risks
- Potential adjustment costs for university financial aid offices
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Specific impacts of commerce statute updates depend on the implementation of revised regulatory language
Analysis based on abstract and subject tags rather than full bill text
Where it stands
Introduced
CompleteCommittee
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CompleteGovernor
CompleteEnacted
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