Posted inLegal

Tong to Lawmakers: Equity Fund Could Be ‘Unconstitutional’

Attorney General William Tong told lawmakers Monday that the Democratic budget proposal for a Connecticut Equitable Investment Fund could be found “unconstitutional,” by the courts.  The fund, which would have included billions of dollars, would have been managed by a nine-member investment council. It was a proposal by Democratic Sen. John Fonfara, co-chair of the […]