Connecticut 2013 2013 Regular Session

Connecticut House Bill HB05560 Introduced / Bill

Filed 01/22/2013

                    General Assembly  Proposed Bill No. 5560
January Session, 2013  LCO No. 1928
Referred to Committee on APPROPRIATIONS
Introduced by:
REP. FLEXER, 44th Dist. REP. ROJAS, 9th Dist.

General Assembly

Proposed Bill No. 5560 

January Session, 2013

LCO No. 1928

Referred to Committee on APPROPRIATIONS 

Introduced by:

REP. FLEXER, 44th Dist.

REP. ROJAS, 9th Dist.

AN ACT CONCERNING THE BUDGET RESERVE FUND.

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 increase the amount of surplus transferred into the Budget Reserve Fund from the current maximum of ten per cent of General Fund appropriations to a maximum of thirty per cent.

Statement of Purpose: 

To increase the amount of funds in the Rainy Day Fund.