| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 3002 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 6559 | |
| 6 | 6 | January Session, 2019 | |
| 7 | 7 | LCO No. 3002 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on PLANNING AND DEVELOPMENT | |
| 11 | 11 | ||
| 12 | 12 | ||
| 13 | 13 | Introduced by: | |
| 14 | 14 | REP. STEINBERG, 136th Dist. | |
| 15 | 15 | ||
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | AN ACT CONCERNING MUNICIPAL BUDGET RESERVES. | |
| 19 | 19 | Be it enacted by the Senate and House of Representatives in General | |
| 20 | 20 | Assembly convened: | |
| 21 | 21 | ||
| 22 | 22 | That subdivision (9) of subsection (d) of section 7-473c of the general 1 | |
| 23 | 23 | statutes be amended to establish an irrebuttable presumption that a 2 | |
| 24 | 24 | municipal employer's budget reserve equal to fifteen per cent or less of 3 | |
| 25 | 25 | the municipal employer's operating budget is not available for 4 | |
| 26 | 26 | payment of the cost of any item subject to binding arbitration. 5 | |
| 27 | 27 | Statement of Purpose: | |
| 28 | 28 | To establish an irrebuttable presumption that a municipal employer's | |
| 29 | 29 | budget reserve equal to fifteen per cent or less of the municipal | |
| 30 | 30 | employer's operating budget is not available for payment of the cost of | |
| 31 | 31 | any item subject to binding arbitration. |