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| 2 | 2 | | |
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| 3 | 3 | | LCO No. 2454 1 of 2 |
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| 4 | 4 | | |
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| 5 | 5 | | General Assembly Proposed Bill No. 6354 |
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| 6 | 6 | | January Session, 2019 |
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| 7 | 7 | | LCO No. 2454 |
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| 8 | 8 | | |
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| 9 | 9 | | |
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| 10 | 10 | | Referred to Committee on PLANNING AND DEVELOPMENT |
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| 11 | 11 | | |
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| 12 | 12 | | |
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| 13 | 13 | | Introduced by: |
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| 14 | 14 | | REP. DAVIS C., 57th Dist. |
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| 15 | 15 | | |
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| 16 | 16 | | |
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| 17 | 17 | | |
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| 18 | 18 | | AN ACT CONCERNING STATE CONTRACT ASSISTANCE PROVIDED |
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| 19 | 19 | | TO CERTAIN MUNICIPALITIES. |
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| 20 | 20 | | Be it enacted by the Senate and House of Representatives in General |
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| 21 | 21 | | Assembly convened: |
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| 22 | 22 | | |
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| 23 | 23 | | That section 7-576j of the general statutes be amended to (1) reduce 1 |
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| 24 | 24 | | the amount of state aid provided annually to any municipality that has 2 |
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| 25 | 25 | | entered into a debt service assistance agreement with the state by the 3 |
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| 26 | 26 | | amount of debt service that the state pays on behalf of such 4 |
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| 27 | 27 | | municipality each year; (2) permit the General Assembly, in 5 |
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| 28 | 28 | | consideration of the recommendations of the Municipal Accountability 6 |
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| 29 | 29 | | Review Board, to approve an aggregate level of state aid provided to 7 |
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| 30 | 30 | | tier III and IV municipalities; and (3) require the approval of the joint 8 |
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| 31 | 31 | | standing committees of the General Assembly having cognizance of 9 |
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| 32 | 32 | | matters relating to appropriations and finance before the Secretary of 10 |
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| 33 | 33 | | the Office of Policy and Management and State Treasurer may enter 11 |
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| 34 | 34 | | the state into a debt service assistance agreement with a tier III or IV 12 |
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| 35 | 35 | | municipality. 13 |
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| 36 | 36 | | Statement of Purpose: |
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| 37 | 37 | | To implement the provisions of public act 18-157 by (1) reducing the |
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| 38 | 38 | | amount of state aid provided annually to any municipality that has |
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| 39 | 39 | | entered into a debt service assistance agreement with the state by the Proposed Bill No. 6354 |
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| 40 | 40 | | |
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| 41 | 41 | | |
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| 42 | 42 | | LCO No. 2454 2 of 2 |
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| 43 | 43 | | |
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| 44 | 44 | | amount of debt service that the state pays on behalf of such |
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| 45 | 45 | | municipality each year; (2) permitting the General Assembly to |
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| 46 | 46 | | approve an aggregate level of state aid provided to tier III and IV |
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| 47 | 47 | | municipalities; and (3) requiring the approval of the joint standing |
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| 48 | 48 | | committees of the General Assembly having cognizance of matters |
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| 49 | 49 | | relating to appropriations and finance before the state may enter into a |
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| 50 | 50 | | debt service assistance agreement with a tier III or IV municipality. |
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