Connecticut 2015 Regular Session

Connecticut Senate Bill SB00294 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 294
22 January Session, 2015 LCO No. 2804
33 *02804*
44 Referred to Committee on APPROPRIATIONS
55 Introduced by:
66 SEN. FLEXER, 29th Dist. REP. ROJAS, 9th Dist.
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88 General Assembly
99
1010 Proposed Bill No. 294
1111
1212 January Session, 2015
1313
1414 LCO No. 2804
1515
1616 *02804*
1717
1818 Referred to Committee on APPROPRIATIONS
1919
2020 Introduced by:
2121
2222 SEN. FLEXER, 29th Dist.
2323
2424 REP. ROJAS, 9th Dist.
2525
2626 AN ACT INCREASING THE CAP ON THE BUDGET RESERVE FUND.
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2828 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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3030 That section 4-30a of the general statutes be amended to increase the amount of surplus transferred into the Budget Reserve Fund from the current maximum of ten per cent of General Fund appropriations.
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3232 Statement of Purpose:
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3434 To increase the cap on the Rainy Day Fund from the current maximum of ten per cent of General Fund appropriations.