Connecticut 2013 Regular Session

Connecticut House Bill HB06091 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 6091
22 January Session, 2013 LCO No. 2409
33 Referred to Committee on FINANCE, REVENUE AND BONDING
44 Introduced by:
55 REP. WRIGHT E., 41st Dist.
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77 General Assembly
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99 Proposed Bill No. 6091
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1111 January Session, 2013
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1313 LCO No. 2409
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1515 Referred to Committee on FINANCE, REVENUE AND BONDING
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1717 Introduced by:
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1919 REP. WRIGHT E., 41st Dist.
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2121 AN ACT ESTABLISHING A CAPITAL DEBT AFFORDABILITY COMMITTEE.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That the general statutes be amended to establish a Capitol Debt Affordability Advisory Committee to undertake a review and evaluation of the size and affordability of the state's general obligation debt, relative to the resources available for repaying that debt. The committee shall report its findings annually to the Governor and the General Assembly, and include recommendations concerning the maximum amount of new long-term general obligation debt that may prudently be authorized for the next two fiscal years.
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2727 Statement of Purpose:
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2929 To establish a committee to conduct a debt affordability analysis for use as a financial planning tool in the capital planning process, to estimate how much capital debt the state can afford to issue in the future.