Connecticut 2019 Regular Session

Connecticut Senate Bill SB01134 Compare Versions

Version 1 (Old)

Version 2 (New)

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	3	+	LCO No. 7228 1 of 4
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7		-	General Assembly ~~Substitute~~ Bill No. 1134
	5	+	General Assembly Raised Bill No. 1134
8	6		January Session, 2019
	7	+	LCO No. 7228
	8	+
	9	+
	10	+	Referred to Committee on FINANCE, REVENUE AND
	11	+	BONDING
	12	+
	13	+
	14	+	Introduced by:
	15	+	(FIN)
	16	+
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12	20		AN ACT RESTRUCTURING THE STATE BOND COMMISSION AND
13	21		ESTABLISHING A DEDICATED BONDING SECTION WITHIN THE
14	22		LEGISLATIVE OFFICE OF FISCAL ANALYSIS.
15	23		Be it enacted by the Senate and House of Representatives in General
16	24		Assembly convened:
17	25
18	26		Section 1. Subsection (c) of section 3-20 of the general statutes is 1
19	27		repealed and the following is substituted in lieu thereof (Effective 2
20	28		January 1, 2020): 3
21	29		(c) (1) There is established the State Bond Commission, which shall 4
22	30		[consist of the Governor, the Treasurer, the Comptroller, the Attorney 5
23	31		General, the Secretary of the Office of Policy and Management and the 6
24	32		Commissioner of Administrative Services, each of whom may 7
25	33		designate a deputy to represent him as a member at meetings of the 8
26	34		State Bond Commission with full powers to act and vote in his behalf, 9
27	35		and the cochairpersons and the ranking minority members of the joint 10
28	36		standing committee of the General Assembly having cognizance of 11
29	37		matters relating to state finance, revenue and bonding, each of whom 12
30	38		may designate another member of said joint standing committee, who 13
	39	+	Raised Bill No. 1134
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	41	+
	42	+
	43	+	LCO No. 7228 2 of 4
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31	45		is not a member of the State Bond Commission, to represent him as a 14
32	46		member at meetings of the State Bond Commission with full powers to 15
33	47		act and vote in his behalf.] be within the Legislative Department. The 16
34	48		commission shall consist of the following members: (A) The president 17
35	49		pro tempore of the Senate; (B) the speaker of the House of 18
36	50		Representatives; (C) the majority leader of the Senate; (D) the minority 19
37		-	leader of the Senate; (E) the majority leader of the House of 20 Substitute Bill No. 1134
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	51	+	leader of the Senate; (E) the majority leader of the House of 20
44	52		Representatives; (F) the minority leader of the House of 21
45	53		Representatives; and (G) the cochairpersons and the ranking minority 22
46	54		members of the joint standing committee of the General Assembly 23
47	55		having cognizance of matters relating to finance, revenue and bonding. 24
48	56		Each member under subparagraph (G) of this subdivision may 25
49	57		designate another member of said joint standing committee, who is not 26
50	58		a member of the State Bond Commission, to represent such member at 27
51	59		meetings of said commission with full powers to act and vote on such 28
52	60		member's behalf. The members of said commission shall serve without 29
53	61		compensation. 30
54	62		(2) The president pro tempore of the Senate and speaker of the 31
55	63		House of Representatives shall serve as cochairpersons and shall 32
56	64		designate a member of said commission to serve as secretary of said 33
57	65		commission. Said president and speaker shall jointly prepare the 34
58	66		agenda for each meeting of said commission. 35
59	67		(3) On and after January 1, 2020, (A) any requests for projects or 36
60	68		bonding allocations to be included on a State Bond Commission 37
61	69		agenda on behalf of the Executive Department shall be submitted to 38
62	70		said commission by the Secretary of the Office of Policy and 39
63	71		Management in a form and manner prescribed by said commission, 40
64	72		and (B) any requests for projects or bonding allocations to be included 41
65	73		on a State Bond Commission agenda on behalf of the Judicial 42
66	74		Department shall be submitted to said commission by the Chief Court 43
67	75		Administrator in a form and manner prescribed by said commission. 44
68	76		Sec. 2. (NEW) (Effective from passage) (a) Prior to January 1, 2020, the 45
	77	+	Raised Bill No. 1134
	78	+
	79	+
	80	+
	81	+	LCO No. 7228 3 of 4
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69	83		Office of Policy and Management shall transfer to the legislative Office 46
70	84		of Fiscal Analysis all staff members in its Budget and Financial 47
71	85		Management division who have responsibility for evaluating or 48
72	86		coordinating projects to be presented to the State Bond Commission 49
73	87		for consideration. Any transferred staff member shall maintain the 50
74	88		same level of compensation such staff member was earning at the time 51
75	89		of such transfer. The Office of Policy and Management shall coordinate 52
76		-	with the Joint Committee on Legislative Management to accomplish 53 Substitute Bill No. 1134
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	90	+	with the Joint Committee on Legislative Management to accomplish 53
83	91		any transfers of funds needed for the purposes of this section. 54
84	92		(b) Prior to January 1, 2020, the director of the legislative Office of 55
85	93		Fiscal Analysis shall establish a separate bonding section within said 56
86	94		office. All staff members transferred pursuant to subsection (a) of this 57
87	95		section shall be assigned to the bonding section, in addition to any staff 58
88	96		from said office assigned by the director. The bonding section shall be 59
89	97		responsible for assisting in the preparation of the State Bond 60
90	98		Commission agendas, researching and evaluating projects for 61
91	99		inclusion on such agendas and other duties related to bond acts or the 62
92	100		authorization of state bonds as assigned by the State Bond 63
93	101		Commission or the director of the legislative Office of Fiscal Analysis. 64
94	102		Sec. 3. (Effective from passage) The State Bond Commission shall make 65
95	103		any changes necessary to its procedures and bylaws to effectuate the 66
96		-	provisions of subsection (c) of section 3-20 of the general statutes, as 67
97		-	amended by this act, and section 2 of this act. 68
	104	+	provisions of sections 1 and 2 of this act. 67
98	105		This act shall take effect as follows and shall amend the following
99	106		sections:
100	107
101	108		Section 1 January 1, 2020 3-20(c)
102	109		Sec. 2 from passage New section
103	110		Sec. 3 from passage New section
104	111
105		-	Statement of Legislative Commissioners:
106		-	In Section 3, a reference to section 1 of this act was changed to a
107		-	reference to subsection (c) of section 3-20 of the general statutes for
108		-	consistency with standard drafting conventions.
	112	+	Statement of Purpose:
	113	+	To restructure the State Bond Commission and establish a dedicated
	114	+	bonding unit within the legislative Office of Fiscal Analysis.
109	115
110		-	FIN Joint Favorable Subst. -LCO
	116	+	Raised Bill No. 1134
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	118	+
	119	+
	120	+	LCO No. 7228 4 of 4
	121	+
	122	+	[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline,
	123	+	except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is
	124	+	not underlined.]
111	125