Connecticut 2015 Regular Session

Connecticut House Bill HB05958 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5958
22 January Session, 2015 LCO No. 1842
33 *01842*
44 Referred to Committee on APPROPRIATIONS
55 Introduced by:
66 REP. KLARIDES, 114th Dist. REP. CANDELORA, 86th Dist. REP. HOYDICK, 120th Dist. REP. MINER, 66th Dist. REP. O'NEILL, 69th Dist.
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88 General Assembly
99
1010 Proposed Bill No. 5958
1111
1212 January Session, 2015
1313
1414 LCO No. 1842
1515
1616 *01842*
1717
1818 Referred to Committee on APPROPRIATIONS
1919
2020 Introduced by:
2121
2222 REP. KLARIDES, 114th Dist.
2323
2424 REP. CANDELORA, 86th Dist.
2525
2626 REP. HOYDICK, 120th Dist.
2727
2828 REP. MINER, 66th Dist.
2929
3030 REP. O'NEILL, 69th Dist.
3131
3232 AN ACT CONCERNING THE USE OF CERTAIN REVENUES TO PROVIDE FUNDS FOR THE BUDGET RESERVE FUND.
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3434 Be it enacted by the Senate and House of Representatives in General Assembly convened:
3535
3636 That the general statutes be amended to require the following amounts to be transferred into the Budget Reserve Fund: (1) Any net General Fund revenue for the fiscal year in progress in the revised consensus revenue estimate issued on January fifteenth that is in excess of the statement of estimated revenue for the fiscal year in progress contained in the most recent state budget act passed by the legislature; (2) any amounts received from a sale of surplus state property; (3) any net General Fund revenue for the fiscal year in progress in the revised consensus revenue estimate issued on April thirtieth that is in excess of the revised consensus revenue estimate for the fiscal year in progress issued on the immediately preceding January fifteenth, not including any amounts transferred pursuant to subdivision (1) of this section; and (4) an amount equal to any unappropriated surplus remaining in the General Fund after any amounts required by provision of law to be transferred for other purposes have been deducted as determined by the Comptroller after the accounts for the General Fund have been closed for each fiscal year.
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3838 Statement of Purpose:
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4040 To bolster the revenue stream dedicated to the use of the Budget Reserve Fund.