Connecticut 2015 Regular Session

Connecticut Senate Bill SB00718 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 718
22 January Session, 2015 LCO No. 1232
33 *01232*
44 Referred to Committee on APPROPRIATIONS
55 Introduced by:
66 SEN. KELLY, 21st Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 718
1111
1212 January Session, 2015
1313
1414 LCO No. 1232
1515
1616 *01232*
1717
1818 Referred to Committee on APPROPRIATIONS
1919
2020 Introduced by:
2121
2222 SEN. KELLY, 21st Dist.
2323
2424 AN ACT REDEFINING TERMS CONCERNING THE SPENDING CAP.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 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.
2929
3030 Statement of Purpose:
3131
3232 To implement the constitutional spending cap as required by article third, section 18 of the Constitution of the state of Connecticut.