Connecticut Senate Bill SB00391

Connecticut 2021 Regular Session

• Introduced: 1/26/21
• Refer: 1/26/21

Caption

An Act Establishing Requirements For New Quasi-public Agencies.

Impact

If SB00391 is enacted, it will significantly alter existing protocols surrounding the establishment of quasi-public agencies. The bill requires that new agencies outline their budgeting and tracking mechanisms before incurring any operational expenses, thereby establishing financial oversight from the onset. Additionally, it necessitates board approval for all initial expenses and for those exceeding five thousand dollars thereafter, thus promoting greater fiscal responsibility and transparency in management practices.

Summary

SB00391, introduced in the Connecticut General Assembly, proposes to establish a set of requirements for the creation and operation of new quasi-public agencies. It mandates that these agencies develop and obtain approval for written policies and procedures from the relevant legislative committee before initiating any formal business activities. The bill aims to enhance accountability and transparency in the operations of quasi-public agencies by instituting stringent initial governance measures.

Contention

Notable points of contention surrounding SB00391 include the potential impact on the operational flexibility of newly formed quasi-public agencies. Opponents may argue that strict requirements could stifle innovation or slow down the establishment of agencies that are intended to function quickly in response to public needs. Furthermore, the necessity for ongoing legislative oversight through semiannual and annual reports may be viewed as burdensome by those advocating for more agile governance structures within these entities.