House Bill No. 5008 establishes the Connecticut-Puerto Rico Trade Commission as part of the Legislative Department, aimed at enhancing trade and investment relations between Connecticut and Puerto Rico. The commission will consist of various members appointed by legislative leaders and the Governor, including representatives from the General Assembly, public institutions of higher education, chambers of commerce, and Puerto Rican communities. Members are required to have experience in organizations that promote Puerto Rican affairs or trade relations. Initial appointments must be made by October 1, 2025, with terms varying based on the appointing authority, and members will serve without compensation but may be reimbursed for expenses.
The commission is tasked with several responsibilities, including promoting bilateral trade, initiating joint policy actions, and encouraging economic support and investment in infrastructure between Connecticut and Puerto Rico. It will meet as necessary, and members who miss a certain number of meetings may be deemed to have resigned. Additionally, the commission is required to submit an annual report detailing its activities and any recommendations for policy changes to relevant state officials. The bill does not include any deletions from current law, as it introduces new provisions to establish the commission.