The proposed bill, General Assembly Proposed Bill No. 423, seeks to amend the general statutes to implement a prohibition on the trading of stock for publicly traded utility companies on any stock exchange. This legislative initiative is introduced by Senator Anwar and is currently referred to the Committee on Energy and Technology.

The primary objective of this bill is to ensure that publicly traded utility companies cannot have their stocks traded on stock exchanges, thereby potentially altering the financial landscape for these entities. The bill does not specify any exceptions or conditions under which this prohibition would apply, indicating a straightforward and comprehensive ban on such trading activities.