LCO No. 2454 1 of 2
General Assembly Proposed Bill No. 6354
January Session, 2019
LCO No. 2454
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
REP. DAVIS C., 57th Dist.
AN ACT CONCERNING STATE CONTRACT ASSISTANCE PROVIDED
TO CERTAIN MUNICIPALITIES.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That section 7-576j of the general statutes be amended to (1) reduce 1
the amount of state aid provided annually to any municipality that has 2
entered into a debt service assistance agreement with the state by the 3
amount of debt service that the state pays on behalf of such 4
municipality each year; (2) permit the General Assembly, in 5
consideration of the recommendations of the Municipal Accountability 6
Review Board, to approve an aggregate level of state aid provided to 7
tier III and IV municipalities; and (3) require the approval of the joint 8
standing committees of the General Assembly having cognizance of 9
matters relating to appropriations and finance before the Secretary of 10
the Office of Policy and Management and State Treasurer may enter 11
the state into a debt service assistance agreement with a tier III or IV 12
municipality. 13
Statement of Purpose:
To implement the provisions of public act 18-157 by (1) reducing the
amount of state aid provided annually to any municipality that has
entered into a debt service assistance agreement with the state by the Proposed Bill No. 6354
LCO No. 2454 2 of 2
amount of debt service that the state pays on behalf of such
municipality each year; (2) permitting the General Assembly to
approve an aggregate level of state aid provided to tier III and IV
municipalities; and (3) requiring the approval of the joint standing
committees of the General Assembly having cognizance of matters
relating to appropriations and finance before the state may enter into a
debt service assistance agreement with a tier III or IV municipality.