Connecticut 2015 Regular Session

Connecticut House Bill HB05670 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5670
22 January Session, 2015 LCO No. 917
33 *00917*
44 Referred to Committee on EDUCATION
55 Introduced by:
66 REP. WILMS, 142nd Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 5670
1111
1212 January Session, 2015
1313
1414 LCO No. 917
1515
1616 *00917*
1717
1818 Referred to Committee on EDUCATION
1919
2020 Introduced by:
2121
2222 REP. WILMS, 142nd Dist.
2323
2424 AN ACT CONCERNING REVISIONS TO THE DEFINITION OF EQUALIZED NET GRAND LIST FOR PURPOSES OF THE CALCULATION OF THE EDUCATION COST-SHARING GRANT.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2828 That subdivision (8) of section 10-262f of the general statutes be amended to revise the definition of "equalized net grand list" to reduce a town's equalized net grand list number for purposes of calculating such town's equalization aid grant, pursuant to section 10-262h of the general statutes, if such town is (1) among the highest twenty-fifth percentile among all towns in the state ranked from lowest to highest in equalized net grand list, and (2) among the lowest fiftieth percentile among all towns in the state ranked from lowest to highest in median household income; and further that section 10-262h of the general statutes be amended to prevent a town from receiving a lower education cost-sharing grant as a result of the revisions to the definition of "equalized net grand list" and that such revisions only be applicable to the amount of any increase in the appropriation for the education cost-sharing grant.
2929
3030 Statement of Purpose:
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3232 To amend the definition of "equalized net grand list" for purposes of calculating the education cost-sharing grant.