General Assembly Raised Bill No. 6490
January Session, 2013 LCO No. 3646
*03646_______FIN*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
(FIN)
General Assembly
Raised Bill No. 6490
January Session, 2013
LCO No. 3646
*03646_______FIN*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
(FIN)
AN ACT CONCERNING THE ELIMINATION OF DUPLICATIVE DEFICIT REPORTING REQUIREMENTS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Section 4-82a of the general statutes is repealed. (Effective from passage)
This act shall take effect as follows and shall amend the following sections:
Section 1 from passage Repealer section
This act shall take effect as follows and shall amend the following sections:
Section 1
from passage
Repealer section
Statement of Purpose:
The thrice-annual deficit reporting requirement in section 4-82a of the general statutes is duplicative of the monthly deficiency reporting requirement imposed by section 2-36 of the general statutes, as well as the monthly budget projection produced by the Office of Policy and Management in accordance with section 4-66 of the general statutes.
[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.]