LCO No. 6368 1 of 2 General Assembly Raised Bill No. 7390 January Session, 2019 LCO No. 6368 Referred to Committee on GOVERNMENT ADMINISTRATION AND ELECTIONS Introduced by: (GAE) AN ACT CONCERNING RE VISIONS TO THE CITIZENS' ELECTION PROGRAM. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Section 9-750 of the general statutes is repealed and the 1 following is substituted in lieu thereof (Effective October 1, 2019): 2 (a) If, (1) for the fiscal year ending June 30, 2006, or any fiscal year 3 thereafter, the amount of funds available under section 3-69a for 4 deposit in the Citizens' Election Fund established in section 9-701 is 5 less than the amount of funds required under [said] section 3-69a to be 6 deposited in said fund, resulting in an insufficiency in the amount of 7 the deposit, or (2) during an election cycle the amount of funds in the 8 Citizens' Election Fund is less than the amount of funds required to 9 provide grants to each qualified candidate committee pursuant to the 10 provisions of this chapter, resulting in an insufficiency in said fund, a 11 portion of the revenues from the tax imposed under chapter 208, equal 12 to the amount of any insufficiency described in subdivision (1) or (2) of 13 this section, shall be deposited in said fund to allow for the payment of 14 Raised Bill No. 7390 LCO No. 6368 2 of 2 grants pursuant to the provisions of this chapter. 15 (b) Notwithstanding the provisions of section 3-69a, if funds are 16 deposited into the Citizens' Election Fund pursuant to the provisions 17 of subdivision (2) of subsection (a) of this section, the aggregate 18 amount of any such deposits shall be deducted from the amount 19 deposited into said fund under section 3-69a for the following fiscal 20 year. 21 This act shall take effect as follows and shall amend the following sections: Section 1 October 1, 2019 9-750 Statement of Purpose: To make a technical revision to a statute concerning the Citizens' Election Program. [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]