Connecticut House Bill HB05182

Connecticut 2015 Regular Session

• Introduced: 1/9/15
• Refer: 1/9/15

Caption

An Act Requiring The Documentation Of All Expenditures Made By A Public Institution Of Higher Education.

Impact

If enacted, HB 05182 would modify Title 10a of the general statutes, placing a legal obligation on public institutions of higher education to keep meticulous records of every financial transaction. This legislation is designed to improve accountability and could potentially deter the mismanagement of funds or financial malfeasance within these institutions. The overarching goal is to create a more reliable financial culture within higher education, reassuring both the government and the public about the integrity of public spending.

Summary

House Bill 05182, introduced by Representative Lavielle, seeks to enhance transparency within public institutions of higher education by mandating comprehensive documentation of all expenditures. The proposal aims to address concerns regarding unvouchered expenses, thereby ensuring that public funds are accounted for and managed responsibly. By requiring these institutions to maintain detailed records of their spending, the bill intends to foster greater trust among taxpayers and stakeholders in the financial operations of state-funded educational entities.

Contention

While proponents argue that such measures are necessary for accountability and transparency, critics may view them as burdensome regulations that could impose additional administrative challenges on already-strained institutions. Concerns could arise regarding the practical implications of compliance, including the impact on operational efficiencies and academic performance. As the bill moves through the legislative process, the balance between accountability and institutional freedom will likely be a focal point of discussion.