Two top state officials say that out-of-state businesses paid more than $1 million in fines over the past year for not registering properly with Connecticut authorities.
Attorney General George Jepsen and Secretary of the State Denise Merill, both Democrats, said their offices had worked jointly to collect fines of $1,300,208.66 from 261 companies.
State law requires businesses formed outside of Connecticut to register with Merrill\’s office and pay $385 in fees before they can begin doing business here. Companies that don\’t register can be fined as much as $300 per month, plus an outstanding registration fees.
“Here in Connecticut, we strive for fair competition in the market place so that all businesses in the state have a chance to make a profit in this economic climate,” Merrill said.
Jepsen said in a statement that many companies don\’t know that they have to register and Merrill said that many actually report themselves to Connecticut authorities.
But both said that the registration process benefits the state\’s consumers and said that they hoped the fines would \”educate\” businesses.
“Registering with the state provides consumers with a layer of protection and helps ensure that all businesses are operating on a level playing field,\” Jepsen said.
The biggest fines of the past year were:
- $54,570.00 from MTS Systems Corporation, a Minnesota based manufacturing company
- $35,235.00 from California based Ventura Foods, LLC
- $23,436.92 from New York-registered Katherine Cowdin, Inc., an interior design firm
- $22,005.00 from Missouri-based Amdocs IT Services, LLC
- $20,895.00 from Tecan U.S., Inc., a bioscience firm based in North Carolina