LCO \\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01134-R01- SB.docx 1 of 3 General Assembly Substitute Bill No. 1134 January Session, 2019 AN ACT RESTRUCTURING THE STATE BOND COMMI SSION AND ESTABLISHING A DEDICATED BONDING SECTION WITH IN THE LEGISLATIVE OFFICE OF FISCAL ANALYSIS. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Subsection (c) of section 3-20 of the general statutes is 1 repealed and the following is substituted in lieu thereof (Effective 2 January 1, 2020): 3 (c) (1) There is established the State Bond Commission, which shall 4 [consist of the Governor, the Treasurer, the Comptroller, the Attorney 5 General, the Secretary of the Office of Policy and Management and the 6 Commissioner of Administrative Services, each of whom may 7 designate a deputy to represent him as a member at meetings of the 8 State Bond Commission with full powers to act and vote in his behalf, 9 and the cochairpersons and the ranking minority members of the joint 10 standing committee of the General Assembly having cognizance of 11 matters relating to state finance, revenue and bonding, each of whom 12 may designate another member of said joint standing committee, who 13 is not a member of the State Bond Commission, to represent him as a 14 member at meetings of the State Bond Commission with full powers to 15 act and vote in his behalf.] be within the Legislative Department. The 16 commission shall consist of the following members: (A) The president 17 pro tempore of the Senate; (B) the speaker of the House of 18 Representatives; (C) the majority leader of the Senate; (D) the minority 19 leader of the Senate; (E) the majority leader of the House of 20 Substitute Bill No. 1134 LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01134- R01-SB.docx } 2 of 3 Representatives; (F) the minority leader of the House of 21 Representatives; and (G) the cochairpersons and the ranking minority 22 members of the joint standing committee of the General Assembly 23 having cognizance of matters relating to finance, revenue and bonding. 24 Each member under subparagraph (G) of this subdivision may 25 designate another member of said joint standing committee, who is not 26 a member of the State Bond Commission, to represent such member at 27 meetings of said commission with full powers to act and vote on such 28 member's behalf. The members of said commission shall serve without 29 compensation. 30 (2) The president pro tempore of the Senate and speaker of the 31 House of Representatives shall serve as cochairpersons and shall 32 designate a member of said commission to serve as secretary of said 33 commission. Said president and speaker shall jointly prepare the 34 agenda for each meeting of said commission. 35 (3) On and after January 1, 2020, (A) any requests for projects or 36 bonding allocations to be included on a State Bond Commission 37 agenda on behalf of the Executive Department shall be submitted to 38 said commission by the Secretary of the Office of Policy and 39 Management in a form and manner prescribed by said commission, 40 and (B) any requests for projects or bonding allocations to be included 41 on a State Bond Commission agenda on behalf of the Judicial 42 Department shall be submitted to said commission by the Chief Court 43 Administrator in a form and manner prescribed by said commission. 44 Sec. 2. (NEW) (Effective from passage) (a) Prior to January 1, 2020, the 45 Office of Policy and Management shall transfer to the legislative Office 46 of Fiscal Analysis all staff members in its Budget and Financial 47 Management division who have responsibility for evaluating or 48 coordinating projects to be presented to the State Bond Commission 49 for consideration. Any transferred staff member shall maintain the 50 same level of compensation such staff member was earning at the time 51 of such transfer. The Office of Policy and Management shall coordinate 52 with the Joint Committee on Legislative Management to accomplish 53 Substitute Bill No. 1134 LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01134- R01-SB.docx } 3 of 3 any transfers of funds needed for the purposes of this section. 54 (b) Prior to January 1, 2020, the director of the legislative Office of 55 Fiscal Analysis shall establish a separate bonding section within said 56 office. All staff members transferred pursuant to subsection (a) of this 57 section shall be assigned to the bonding section, in addition to any staff 58 from said office assigned by the director. The bonding section shall be 59 responsible for assisting in the preparation of the State Bond 60 Commission agendas, researching and evaluating projects for 61 inclusion on such agendas and other duties related to bond acts or the 62 authorization of state bonds as assigned by the State Bond 63 Commission or the director of the legislative Office of Fiscal Analysis. 64 Sec. 3. (Effective from passage) The State Bond Commission shall make 65 any changes necessary to its procedures and bylaws to effectuate the 66 provisions of subsection (c) of section 3-20 of the general statutes, as 67 amended by this act, and section 2 of this act. 68 This act shall take effect as follows and shall amend the following sections: Section 1 January 1, 2020 3-20(c) Sec. 2 from passage New section Sec. 3 from passage New section Statement of Legislative Commissioners: In Section 3, a reference to section 1 of this act was changed to a reference to subsection (c) of section 3-20 of the general statutes for consistency with standard drafting conventions. FIN Joint Favorable Subst. -LCO