The proposed legislation, General Assembly Raised Bill No. 219, aims to enhance the enforcement of regulations concerning rental security deposits by granting the Banking Commissioner the authority to impose civil penalties on landlords who violate specific provisions. The bill modifies subsection (j) of section 47a-21 of the general statutes, replacing the term "subsections" with "subsection" to clarify the scope of violations that can be investigated. It also specifies that if a landlord is found to have violated any relevant provisions, the commissioner can order them to pay a civil penalty of up to one hundred thousand dollars per violation, cease and desist from the unlawful practices, and comply with the applicable regulations.

Additionally, the bill repeals the previous language that allowed for a more general approach to violations and replaces it with a more structured framework for penalties. The changes emphasize the seriousness of compliance with rental security deposit regulations and aim to deter landlords from engaging in practices that violate tenant rights. The act is set to take effect on October 1, 2026, and is intended to strengthen protections for tenants regarding their security deposits.