Connecticut 2013 Regular Session

Connecticut Senate Bill SB00525 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 525
22 January Session, 2013 LCO No. 2265
33 Referred to Committee on APPROPRIATIONS
44 Introduced by:
55 SEN. MCLACHLAN, 24th Dist. SEN. FRANTZ, 36th Dist. SEN. WELCH, 31st Dist.
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77 General Assembly
88
99 Proposed Bill No. 525
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1111 January Session, 2013
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1313 LCO No. 2265
1414
1515 Referred to Committee on APPROPRIATIONS
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1717 Introduced by:
1818
1919 SEN. MCLACHLAN, 24th Dist.
2020
2121 SEN. FRANTZ, 36th Dist.
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2323 SEN. WELCH, 31st Dist.
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2525 AN ACT REDEFINING TERMS CONCERNING THE SPENDING CAP.
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2727 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2929 That section 2-33a of the general statutes be amended to redefine (1) "increase in inflation" to mean the increase in the consumer price index for urban consumers during the preceding twenty-four-month period ending December thirty-first of the calendar year preceding the fiscal year to which the budget relates, according to United States Bureau of Labor Statistics data, and (2) "general budget expenditures" to mean expenditures from appropriated funds authorized by public or special act of the General Assembly, excluding expenditures for payment of the principal of and interest on bonds, notes or other evidences of indebtedness or expenditures pursuant to section 4-30a of the general statutes.
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3131 Statement of Purpose:
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3333 To implement the constitutional spending cap as required by article third, section 18 of the Constitution of the state.