General Assembly Proposed Bill No. 80
February Session, 2010 LCO No. 577
Referred to Committee on Appropriations
Introduced by:
SEN. CALIGIURI, 16th Dist. SEN. DEBICELLA, 21st Dist.
General Assembly
Proposed Bill No. 80
February Session, 2010
LCO No. 577
Referred to Committee on Appropriations
Introduced by:
SEN. CALIGIURI, 16th Dist.
SEN. DEBICELLA, 21st Dist.
AN ACT CONCERNING THE USE OF GENERAL FUND SURPLUSES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 4-30a of the general statutes be amended to prohibit the use of General Fund surpluses to fund new recurring expenditures.
Statement of Purpose:
To prevent one-time surpluses from being used to fund new recurring expenditures which will only increase the state's ongoing financial obligations and future debt.