Connecticut 2011 Regular Session

Connecticut Senate Bill SB01124 Compare Versions

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11 General Assembly Raised Bill No. 1124
22 January Session, 2011 LCO No. 3932
3- *_____SB01124APP___042611____*
3+ *03932_______APP*
44 Referred to Committee on Appropriations
55 Introduced by:
66 (APP)
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88 General Assembly
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1010 Raised Bill No. 1124
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1212 January Session, 2011
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1414 LCO No. 3932
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16-*_____SB01124APP___042611____*
16+*03932_______APP*
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1818 Referred to Committee on Appropriations
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2020 Introduced by:
2121
2222 (APP)
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2424 AN ACT CONCERNING THE BUDGET RESERVE FUND.
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2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2828 Section 1. (Effective from passage) (a) The Secretary of the Office of Policy and Management, or the secretary's designee, in consultation with the Treasurer, or the Treasurer's designee, and the director of the Office of Fiscal Analysis, or the director's designee, shall evaluate the Budget Reserve Fund and prepare recommendations concerning said fund, which shall include, but not be limited to: (1) The means by which said fund should be funded, (2) the appropriate maximum level of funding for said fund, and (3) the purposes for which moneys from said fund may be expended.
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3030 (b) On or before November 15, 2011, the Secretary of the Office of Policy and Management shall submit to the joint standing committees of the General Assembly having cognizance of matters relating to appropriations and the budgets of state agencies and finance, revenue and bonding, in accordance with section 11-4a of the general statutes, the recommendations prepared under subsection (a) of this section.
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3535 This act shall take effect as follows and shall amend the following sections:
3636 Section 1 from passage New section
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3838 This act shall take effect as follows and shall amend the following sections:
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4040 Section 1
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4242 from passage
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4444 New section
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46+Statement of Purpose:
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48+To require the Secretary of the Office of Policy and Management to make recommendations concerning the Budget Reserve Fund.
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48-APP Joint Favorable
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50-APP
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52-Joint Favorable
50+[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]