1209 | | - | House Bill No. 6671 |
---|
1210 | | - | |
---|
1211 | | - | Public Act No. 23-1 23 of 63 |
---|
1212 | | - | |
---|
1213 | | - | Other Expenses [721,676] 12,721,676 |
---|
1214 | | - | |
---|
1215 | | - | Sec. 3. (Effective from passage) (a) The sum of $12,000,000 of the amount |
---|
1216 | | - | appropriated in section 2 of this act to the Department of Economic and |
---|
1217 | | - | Community Development, for Other Expenses, for the fiscal year |
---|
1218 | | - | ending June 30, 2023, shall be made available for a center for sustainable |
---|
1219 | | - | aviation, as described in section 4 of this act; |
---|
1220 | | - | (b) The unexpended balance of such sum shall not lapse on June 30, |
---|
1221 | | - | 2023, and such sum shall continue to be available for expenditure during |
---|
1222 | | - | the fiscal year ending June 30, 2024, for such purpose. |
---|
1223 | | - | Sec. 4. (NEW) (Effective from passage) (a) The University of Connecticut |
---|
1224 | | - | shall submit or participate in the submittal of a proposal for federal |
---|
1225 | | - | funding under the United States Department of Energy Regional Clean |
---|
1226 | | - | Hydrogen Hubs program to support the establishment, development |
---|
1227 | | - | and operation of a center for sustainable aviation. The university shall, |
---|
1228 | | - | provided the university is awarded, and elects to accept, such federal |
---|
1229 | | - | funding, establish such center, which shall have at least one facility on a |
---|
1230 | | - | campus of The University of Connecticut at Storrs. The university shall |
---|
1231 | | - | consult with the Department of Economic and Community |
---|
1232 | | - | Development in completing the requirements of this subsection. |
---|
1233 | | - | (b) If the university is awarded federal funding, as described in |
---|
1234 | | - | subsection (a) of this section, and elects to accept such federal funding, |
---|
1235 | | - | it shall notify the Commissioner of Economic and Community |
---|
1236 | | - | Development of such acceptance. Not later than ninety days after such |
---|
1237 | | - | notification is provided, the Department of Economic and Community |
---|
1238 | | - | Development shall provide a grant to the university in the amount of |
---|
1239 | | - | the state's share, as determined by said commissioner and pursuant to |
---|
1240 | | - | the proposal and the final award, of the capital costs of the center |
---|
1241 | | - | described in subsection (a) of this section or twenty million dollars, |
---|
1242 | | - | whichever is less, to be used by the university for the purposes set forth |
---|
1243 | | - | in subsection (a) of this section. House Bill No. 6671 |
---|
1244 | | - | |
---|
1245 | | - | Public Act No. 23-1 24 of 63 |
---|
1246 | | - | |
---|
1247 | | - | Sec. 5. Subsection (b) of section 32-235 of the general statutes is |
---|
1248 | | - | repealed and the following is substituted in lieu thereof (Effective from |
---|
1249 | | - | passage): |
---|
1250 | | - | (b) The proceeds of the sale of said bonds, to the extent of the amount |
---|
1251 | | - | stated in subsection (a) of this section, shall be used by the Department |
---|
1252 | | - | of Economic and Community Development (1) for the purposes of |
---|
1253 | | - | sections 32-220 to 32-234, inclusive, including economic cluster-related |
---|
1254 | | - | programs and activities, and for the Connecticut job training finance |
---|
1255 | | - | demonstration program pursuant to sections 32-23uu and 32-23vv, |
---|
1256 | | - | provided (A) three million dollars shall be used by said department |
---|
1257 | | - | solely for the purposes of section 32-23uu, (B) not less than one million |
---|
1258 | | - | dollars shall be used for an educational technology grant to the |
---|
1259 | | - | deployment center program and the nonprofit business consortium |
---|
1260 | | - | deployment center approved pursuant to section 32-41l, (C) not less |
---|
1261 | | - | than two million dollars shall be used by said department for the |
---|
1262 | | - | establishment of a pilot program to make grants to businesses in |
---|
1263 | | - | designated areas of the state for construction, renovation or |
---|
1264 | | - | improvement of small manufacturing facilities, provided such grants |
---|
1265 | | - | are matched by the business, a municipality or another financing entity. |
---|
1266 | | - | The Commissioner of Economic and Community Development shall |
---|
1267 | | - | designate areas of the state where manufacturing is a substantial part of |
---|
1268 | | - | the local economy and shall make grants under such pilot program |
---|
1269 | | - | which are likely to produce a significant economic development benefit |
---|
1270 | | - | for the designated area, (D) five million dollars may be used by said |
---|
1271 | | - | department for the manufacturing competitiveness grants program, (E) |
---|
1272 | | - | one million dollars shall be used by said department for the purpose of |
---|
1273 | | - | a grant to the Connecticut Center for Advanced Technology, for the |
---|
1274 | | - | purposes of subdivision (5) of subsection (a) of section 32-7f, (F) fifty |
---|
1275 | | - | million dollars shall be used by said department for the purpose of |
---|
1276 | | - | grants to the United States Department of the Navy, the United States |
---|
1277 | | - | Department of Defense or eligible applicants for projects related to the |
---|
1278 | | - | enhancement of infrastructure for long-term, on-going naval operations House Bill No. 6671 |
---|
1279 | | - | |
---|
1280 | | - | Public Act No. 23-1 25 of 63 |
---|
1281 | | - | |
---|
1282 | | - | at the United States Naval Submarine Base-New London, located in |
---|
1283 | | - | Groton, which will increase the military value of said base. Such projects |
---|
1284 | | - | shall not be subject to the provisions of sections 4a-60 and 4a-60a, (G) |
---|
1285 | | - | two million dollars shall be used by said department for the purpose of |
---|
1286 | | - | a grant to the Connecticut Center for Advanced Technology, Inc., for |
---|
1287 | | - | manufacturing initiatives, including aerospace and defense, and (H) |
---|
1288 | | - | four million dollars shall be used by said department for the purpose of |
---|
1289 | | - | a grant to companies adversely impacted by the construction at the |
---|
1290 | | - | Quinnipiac Bridge, where such grant may be used to offset the increase |
---|
1291 | | - | in costs of commercial overland transportation of goods or materials |
---|
1292 | | - | brought to the port of New Haven by ship or vessel, (2) for the purposes |
---|
1293 | | - | of the small business assistance program established pursuant to section |
---|
1294 | | - | 32-9yy, provided fifteen million dollars shall be deposited in the small |
---|
1295 | | - | business assistance account established pursuant to said section 32-9yy, |
---|
1296 | | - | (3) to deposit twenty million dollars in the small business express |
---|
1297 | | - | assistance account established pursuant to section 32-7h, (4) to deposit |
---|
1298 | | - | four million nine hundred thousand dollars per year in each of the fiscal |
---|
1299 | | - | years ending June 30, 2017, to June 30, 2019, inclusive, and June 30, 2021, |
---|
1300 | | - | and nine million nine hundred thousand dollars in the fiscal year ending |
---|
1301 | | - | June 30, 2020, in the CTNext Fund established pursuant to section 32- |
---|
1302 | | - | 39i, which shall be used by CTNext to provide grants-in-aid to |
---|
1303 | | - | designated innovation places, as defined in section 32-39j, planning |
---|
1304 | | - | grants-in-aid pursuant to section 32-39l, and grants-in-aid for projects |
---|
1305 | | - | that network innovation places pursuant to subsection (b) of section 32- |
---|
1306 | | - | 39m, provided not more than three million dollars be used for grants- |
---|
1307 | | - | in-aid for such projects, and further provided any portion of any such |
---|
1308 | | - | deposit that remains unexpended in a fiscal year subsequent to the date |
---|
1309 | | - | of such deposit may be used by CTNext for any purpose described in |
---|
1310 | | - | subsection (e) of section 32-39i, (5) to deposit two million dollars per |
---|
1311 | | - | year in each of the fiscal years ending June 30, 2019, to June 30, 2021, |
---|
1312 | | - | inclusive, in the CTNext Fund established pursuant to section 32-39i, |
---|
1313 | | - | which shall be used by CTNext for the purpose of providing higher |
---|
1314 | | - | education entrepreneurship grants-in-aid pursuant to section 32-39g, House Bill No. 6671 |
---|
1315 | | - | |
---|
1316 | | - | Public Act No. 23-1 26 of 63 |
---|
1317 | | - | |
---|
1318 | | - | provided any portion of any such deposit that remains unexpended in |
---|
1319 | | - | a fiscal year subsequent to the date of such deposit may be used by |
---|
1320 | | - | CTNext for any purpose described in subsection (e) of section 32-39i, (6) |
---|
1321 | | - | for the purpose of funding the costs of the Technology Talent Advisory |
---|
1322 | | - | Committee established pursuant to section 32-7p, provided two million |
---|
1323 | | - | dollars per year in each of the fiscal years ending June 30, 2017, to June |
---|
1324 | | - | 30, 2021, inclusive, shall be used for such purpose, (7) to provide (A) a |
---|
1325 | | - | grant-in-aid to the Connecticut Supplier Connection in an amount equal |
---|
1326 | | - | to two hundred fifty thousand dollars in each of the fiscal years ending |
---|
1327 | | - | June 30, 2017, to June 30, 2021, inclusive, and (B) a grant-in-aid to the |
---|
1328 | | - | Connecticut Procurement Technical Assistance Program in an amount |
---|
1329 | | - | equal to three hundred thousand dollars in each of the fiscal years |
---|
1330 | | - | ending June 30, 2017, to June 30, 2021, inclusive, (8) to deposit four |
---|
1331 | | - | hundred fifty thousand dollars per year, in each of the fiscal years |
---|
1332 | | - | ending June 30, 2017, to June 30, 2021, inclusive, in the CTNext Fund |
---|
1333 | | - | established pursuant to section 32-39i, which shall be used by CTNext |
---|
1334 | | - | to provide growth grants-in-aid pursuant to section 32-39g, provided |
---|
1335 | | - | any portion of any such deposit that remains unexpended in a fiscal year |
---|
1336 | | - | subsequent to the date of such deposit may be used by CTNext for any |
---|
1337 | | - | purpose described in subsection (e) of section 32-39i, (9) to transfer fifty |
---|
1338 | | - | million dollars to the Labor Department which shall be used by said |
---|
1339 | | - | department for the purpose of funding workforce pipeline programs |
---|
1340 | | - | selected pursuant to section 31-11rr, provided, notwithstanding the |
---|
1341 | | - | provisions of section 31-11rr, (A) not less than five million dollars shall |
---|
1342 | | - | be provided to the workforce development board in Bridgeport serving |
---|
1343 | | - | the southwest region, for purposes of such program, and the board shall |
---|
1344 | | - | distribute such money in proportion to population and need, and (B) |
---|
1345 | | - | not less than five million dollars shall be provided to the workforce |
---|
1346 | | - | development board in Hartford serving the north central region, for |
---|
1347 | | - | purposes of such program, (10) to transfer twenty million dollars to |
---|
1348 | | - | Connecticut Innovations, Incorporated, provided ten million dollars |
---|
1349 | | - | shall be used by Connecticut Innovations, Incorporated for the purpose |
---|
1350 | | - | of the proof of concept fund established pursuant to subsection (b) of House Bill No. 6671 |
---|
1351 | | - | |
---|
1352 | | - | Public Act No. 23-1 27 of 63 |
---|
1353 | | - | |
---|
1354 | | - | section 32-39x and ten million dollars shall be used by Connecticut |
---|
1355 | | - | Innovations, Incorporated for the purpose of the venture capital fund |
---|
1356 | | - | program established pursuant to section 32-41oo, (11) to provide a grant |
---|
1357 | | - | to The University of Connecticut of eight million dollars for the |
---|
1358 | | - | establishment, development and operation of a center for sustainable |
---|
1359 | | - | aviation pursuant to subsection (a) of section 4 of this act. Not later than |
---|
1360 | | - | thirty days prior to any use of unexpended funds under subdivision (4), |
---|
1361 | | - | (5) or (8) of this subsection, the CTNext board of directors shall provide |
---|
1362 | | - | notice of and the reason for such use to the joint standing committees of |
---|
1363 | | - | the General Assembly having cognizance of matters relating to |
---|
1364 | | - | commerce and finance, revenue and bonding. |
---|
1365 | | - | Sec. 6. Subsection (a) of section 10a-109d of the general statutes is |
---|
1366 | | - | repealed and the following is substituted in lieu thereof (Effective from |
---|
1367 | | - | passage): |
---|
1368 | | - | (a) In order for the university to construct and issue securities for |
---|
1369 | | - | UConn 2000 and to otherwise carry out its responsibilities and |
---|
1370 | | - | requirements under sections 10a-109a to 10a-109y, inclusive, the |
---|
1371 | | - | university shall have the following powers, which powers shall be |
---|
1372 | | - | independent of and in addition to any other powers of the university |
---|
1373 | | - | under state law: |
---|
1374 | | - | (1) To have perpetual succession as a body politic and corporate and |
---|
1375 | | - | an instrumentality and agency of the state pursuant to section 10a-109v; |
---|
1376 | | - | (2) To adopt and have an official seal and alter it at pleasure; |
---|
1377 | | - | (3) To contract and be contracted with, sue, be indemnified, insure its |
---|
1378 | | - | assets, activities or actions or be a self-insurer and institute, prosecute, |
---|
1379 | | - | maintain and defend any action or proceeding in any court or before |
---|
1380 | | - | any agency or tribunal of competent jurisdiction; |
---|
1381 | | - | (4) To indemnify and be sued, solely pursuant to subsection (a) of |
---|
1382 | | - | section 10a-109o; House Bill No. 6671 |
---|
1383 | | - | |
---|
1384 | | - | Public Act No. 23-1 28 of 63 |
---|
1385 | | - | |
---|
1386 | | - | (5) To retain by contract or employ architects, accountants, engineers, |
---|
1387 | | - | legal and securities counsel in accordance with the provisions of |
---|
1388 | | - | subparagraph (F) of subdivision (4) of subsection (e) of section 10a-109n, |
---|
1389 | | - | and other professional and technical consultants and advisers; provided |
---|
1390 | | - | the university shall continue to be subject to audit, including its |
---|
1391 | | - | operations under sections 10a-109a to 10a-109y, inclusive, pursuant to |
---|
1392 | | - | section 2-90, and provided further, financial advisers, underwriters, |
---|
1393 | | - | counsel, trustee, if any, and other financial consultants retained in |
---|
1394 | | - | connection with the offering and sale of securities shall be selected in |
---|
1395 | | - | consultation with the university, in the same manner as for state general |
---|
1396 | | - | obligation bonds; |
---|
1397 | | - | (6) To plan, design, acquire, construct, build, enlarge, alter, |
---|
1398 | | - | reconstruct, renovate, improve, equip, own, operate, maintain, dispose |
---|
1399 | | - | of and demolish any project or projects, or any combination of projects, |
---|
1400 | | - | including without limitation any contract in furtherance of UConn 2000, |
---|
1401 | | - | notwithstanding the provisions of subsections (b) and (c) of section 10a- |
---|
1402 | | - | 105 or any other provisions of the general statutes regarding the powers |
---|
1403 | | - | of the university to undertake capital projects and purchase personal |
---|
1404 | | - | property; |
---|
1405 | | - | (7) To acquire by purchase, contract, lease, long-term lease or gift, and |
---|
1406 | | - | hold or dispose of, real or personal property or rights or interests in any |
---|
1407 | | - | such property and to hold, sell, assign, lease, rent, encumber, other than |
---|
1408 | | - | by mortgage, or otherwise dispose of any real or personal property, or |
---|
1409 | | - | any interest therein, owned by the university or in its control, custody |
---|
1410 | | - | or possession in accordance with section 10a-109n; |
---|
1411 | | - | (8) To receive and accept grants, subsidies or loans of money from the |
---|
1412 | | - | federal government or a federal agency or instrumentality, the state or |
---|
1413 | | - | others, upon such terms and conditions as may be imposed, and to |
---|
1414 | | - | pledge the proceeds of grants, subsidies or loans of money received or |
---|
1415 | | - | to be received from the federal government or any federal agency or |
---|
1416 | | - | instrumentality, the state or others, pursuant to agreements entered into House Bill No. 6671 |
---|
1417 | | - | |
---|
1418 | | - | Public Act No. 23-1 29 of 63 |
---|
1419 | | - | |
---|
1420 | | - | between the university and the federal government or any federal |
---|
1421 | | - | agency or instrumentality, the state or others, provided (A) such |
---|
1422 | | - | property shall be deemed property of the state for purposes of sections |
---|
1423 | | - | 4a-19 and 4a-20, and (B) the university may insure its property |
---|
1424 | | - | independent of the state; |
---|
1425 | | - | (9) Notwithstanding the provisions of section 10a-150, to receive and |
---|
1426 | | - | accept aid or contributions, from any source, of money, property, labor |
---|
1427 | | - | or other things of value, to be held, used and applied to carry out the |
---|
1428 | | - | purposes of sections 10a-109a to 10a-109y, inclusive, subject to the |
---|
1429 | | - | conditions upon which such aid or contributions may be made, |
---|
1430 | | - | including, but not limited to, gifts or grants from any department or |
---|
1431 | | - | agency of the United States or the state for any purpose consistent with |
---|
1432 | | - | said sections; |
---|
1433 | | - | (10) To borrow money and issue securities to finance the acquisition, |
---|
1434 | | - | construction, reconstruction, improvement or equipping of any one |
---|
1435 | | - | project, or more than one, or any combination of projects, or to refund |
---|
1436 | | - | securities issued after June 7, 1995, or to refund any such refunding |
---|
1437 | | - | securities or for any one, or more than one, or all of those purposes, or |
---|
1438 | | - | any combination of those purposes, and to provide for the security and |
---|
1439 | | - | payment of those securities and for the rights of the holders of them, |
---|
1440 | | - | except that the amount of any such borrowing, the special debt service |
---|
1441 | | - | requirements for which are secured by the state debt service |
---|
1442 | | - | commitment, exclusive of the amount of borrowing to refund securities, |
---|
1443 | | - | or to fund issuance costs or necessary reserves, may not exceed the |
---|
1444 | | - | aggregate principal amount of (A) for the fiscal years ending June 30, |
---|
1445 | | - | 1996, to June 30, 2005, inclusive, one billion thirty million dollars, (B) for |
---|
1446 | | - | the fiscal years ending June 30, 2006, to June 30, 2027, inclusive, [three |
---|
1447 | | - | billion two hundred ninety-five million] three billion two hundred |
---|
1448 | | - | eighty-three million nine hundred thousand dollars, and (C) such |
---|
1449 | | - | additional amount or amounts: (i) Required from time to time to fund |
---|
1450 | | - | any special capital reserve fund or other debt service reserve fund in House Bill No. 6671 |
---|
1451 | | - | |
---|
1452 | | - | Public Act No. 23-1 30 of 63 |
---|
1453 | | - | |
---|
1454 | | - | accordance with the financing transaction proceedings, and (ii) to pay |
---|
1455 | | - | or provide for the costs of issuance and capitalized interest, if any; the |
---|
1456 | | - | aggregate amounts of subparagraphs (A), (B) and (C) of this subdivision |
---|
1457 | | - | are established as the authorized funding amount, and no borrowing |
---|
1458 | | - | within the authorized funding amount for a project or projects may be |
---|
1459 | | - | effected unless the project or projects are included in accordance with |
---|
1460 | | - | subsection (a) of section 10a-109e; |
---|
1461 | | - | (11) To make, enter into, execute, deliver and amend any and all |
---|
1462 | | - | contracts, including, but not limited to, total cost basis contracts, |
---|
1463 | | - | agreements, leases, instruments and documents and perform all acts |
---|
1464 | | - | and do all things necessary or convenient to plan, design, acquire, |
---|
1465 | | - | construct, build, enlarge, alter, reconstruct, renovate, improve, equip, |
---|
1466 | | - | finance, maintain and operate projects and to carry out the powers |
---|
1467 | | - | granted by sections 10a-109a to 10a-109y, inclusive, or reasonably |
---|
1468 | | - | implied from those powers; |
---|
1469 | | - | (12) Notwithstanding any provision of the general statutes to the |
---|
1470 | | - | contrary, including without limitation subsection (a) of section 10a-105, |
---|
1471 | | - | to fix and collect fees, tuition, charges, rentals and other charges for |
---|
1472 | | - | enrollment and attendance at the university and for the use of projects |
---|
1473 | | - | or any part thereof, provided that no tuition or student fee revenue shall |
---|
1474 | | - | be used for repairs performed solely to correct code violations that were |
---|
1475 | | - | applicable at the time of project completion and were for named projects |
---|
1476 | | - | pursuant to section 10a-109e completed prior to January 1, 2007; to |
---|
1477 | | - | provide for the promulgation of such reasonable and proper policies |
---|
1478 | | - | and procedures as may be necessary to assure the maximum use of the |
---|
1479 | | - | facilities of any projects at all times; and |
---|
1480 | | - | (13) Notwithstanding the provisions of subsection (b) of section 10a- |
---|
1481 | | - | 105, to provide for or confirm the establishment of various funds and |
---|
1482 | | - | accounts respecting university operations, bond proceeds and special |
---|
1483 | | - | debt service requirements for securities issued, renewal and |
---|
1484 | | - | replacement and insurance, special capital reserve and operating House Bill No. 6671 |
---|
1485 | | - | |
---|
1486 | | - | Public Act No. 23-1 31 of 63 |
---|
1487 | | - | |
---|
1488 | | - | reserve, special external gifts, pending receipts, assured revenues, |
---|
1489 | | - | project revenues to the extent not otherwise pledged and securing |
---|
1490 | | - | outstanding general obligation bonds of the state or other revenues and |
---|
1491 | | - | other funds or accounts as may be more particularly required under this |
---|
1492 | | - | subdivision and the indentures of trust or resolutions authorizing |
---|
1493 | | - | securities and to provide, subject to section 10a-109q and the provisions |
---|
1494 | | - | of such indentures or resolutions for the following to be deposited |
---|
1495 | | - | therein, as follows: |
---|
1496 | | - | (A) All proceeds received from the sale of all securities; |
---|
1497 | | - | (B) All fees, tuition, rentals and other charges from students, faculty, |
---|
1498 | | - | staff members and others using or being served by, or having the right |
---|
1499 | | - | to use or the right to be served by the university or any project; |
---|
1500 | | - | (C) All fees for student activities, student services and all other fees, |
---|
1501 | | - | tuition and charges collected from students matriculated, registered or |
---|
1502 | | - | otherwise enrolled at and attending the university, pledged under the |
---|
1503 | | - | terms of financing transaction proceedings; |
---|
1504 | | - | (D) All rentals from any facility or building leased to the federal |
---|
1505 | | - | government or any other third party; |
---|
1506 | | - | (E) Federal and state grants, gifts, state appropriations and special |
---|
1507 | | - | external gift funds; |
---|
1508 | | - | (F) All other assured revenues; and |
---|
1509 | | - | (G) Project revenues. |
---|
1510 | | - | Sec. 7. Subsection (a) of section 10a-109g of the general statutes is |
---|
1511 | | - | repealed and the following is substituted in lieu thereof (Effective from |
---|
1512 | | - | passage): |
---|
1513 | | - | (a) (1) The university is authorized to provide by resolution, at one |
---|
1514 | | - | time or from time to time, for the issuance and sale of securities, in its House Bill No. 6671 |
---|
1515 | | - | |
---|
1516 | | - | Public Act No. 23-1 32 of 63 |
---|
1517 | | - | |
---|
1518 | | - | own name on behalf of the state, pursuant to section 10a-109f. The board |
---|
1519 | | - | of trustees of the university is hereby authorized by such resolution to |
---|
1520 | | - | delegate to its finance committee such matters as it may determine |
---|
1521 | | - | appropriate other than the authorization and maximum amount of the |
---|
1522 | | - | securities to be issued, the nature of the obligation of the securities as |
---|
1523 | | - | established pursuant to subsection (c) of this section and the projects for |
---|
1524 | | - | which the proceeds are to be used. The finance committee may act on |
---|
1525 | | - | such matters unless and until the board of trustees elects to reassume |
---|
1526 | | - | the same. The amount of securities the special debt service requirements |
---|
1527 | | - | of which are secured by the state debt service commitment that the |
---|
1528 | | - | board of trustees is authorized to provide for the issuance and sale in |
---|
1529 | | - | accordance with this subsection shall be capped in each fiscal year in the |
---|
1530 | | - | following amounts, provided, to the extent the board of trustees does |
---|
1531 | | - | not provide for the issuance of all or a portion of such amount in a fiscal |
---|
1532 | | - | year, all or such portion, as the case may be, may be carried forward to |
---|
1533 | | - | any succeeding fiscal year and provided further, the actual amount for |
---|
1534 | | - | funding, paying or providing for the items described in subparagraph |
---|
1535 | | - | (C) of subdivision (10) of subsection (a) of section 10a-109d, as amended |
---|
1536 | | - | by this act, may be added to the capped amount in each fiscal year: |
---|
1537 | | - | Fiscal Year Amount |
---|
1538 | | - | |
---|
1539 | | - | 1996 $112,542,000 |
---|
1540 | | - | 1997 112,001,000 |
---|
1541 | | - | 1998 93,146,000 |
---|
1542 | | - | 1999 64,311,000 |
---|
1543 | | - | 2000 130,000,000 |
---|
1544 | | - | 2001 100,000,000 |
---|
1545 | | - | 2002 100,000,000 |
---|
1546 | | - | 2003 100,000,000 |
---|
1547 | | - | 2004 100,000,000 |
---|
1548 | | - | 2005 100,000,000 |
---|
1549 | | - | 2006 79,000,000 |
---|
1550 | | - | 2007 89,000,000 |
---|
1551 | | - | 2008 115,000,000 House Bill No. 6671 |
---|
1552 | | - | |
---|
1553 | | - | Public Act No. 23-1 33 of 63 |
---|
1554 | | - | |
---|
1555 | | - | 2009 140,000,000 |
---|
1556 | | - | 2010 0 |
---|
1557 | | - | 2011 138,800,000 |
---|
1558 | | - | 2012 157,200,000 |
---|
1559 | | - | 2013 143,000,000 |
---|
1560 | | - | 2014 204,400,000 |
---|
1561 | | - | 2015 315,500,000 |
---|
1562 | | - | 2016 312,100,000 |
---|
1563 | | - | 2017 240,400,000 |
---|
1564 | | - | 2018 200,000,000 |
---|
1565 | | - | 2019 200,000,000 |
---|
1566 | | - | 2020 197,200,000 |
---|
1567 | | - | 2021 260,000,000 |
---|
1568 | | - | 2022 215,500,000 |
---|
1569 | | - | 2023 125,100,000 |
---|
1570 | | - | 2024 84,700,000 |
---|
1571 | | - | 2025 [56,000,000] |
---|
| 1301 | + | |
---|
| 1302 | + | T457 Other Expenses [721,676] 12,721,676 |
---|
| 1303 | + | |
---|
| 1304 | + | Sec. 3. (Effective from passage) (a) The sum of $12,000,000 of the amount 17 |
---|
| 1305 | + | appropriated in section 2 of this act to the Department of Economic and 18 |
---|
| 1306 | + | Community Development, for Other Expenses, for the fiscal year 19 |
---|
| 1307 | + | ending June 30, 2023, shall be made available for a center for sustainable 20 |
---|
| 1308 | + | aviation, as described in section 4 of this act; 21 |
---|
| 1309 | + | (b) The unexpended balance of such sum shall not lapse on June 30, 22 |
---|
| 1310 | + | 2023, and such sum shall continue to be available for expenditure during 23 |
---|
| 1311 | + | the fiscal year ending June 30, 2024, for such purpose. 24 |
---|
| 1312 | + | Sec. 4. (NEW) (Effective from passage) (a) The University of Connecticut 25 |
---|
| 1313 | + | shall submit or participate in the submittal of a proposal for federal 26 |
---|
| 1314 | + | funding under the United States Department of Energy Regional Clean 27 |
---|
| 1315 | + | Hydrogen Hubs program to support the establishment, development 28 |
---|
| 1316 | + | and operation of a center for sustainable aviation. The university shall, 29 |
---|
| 1317 | + | provided the university is awarded, and elects to accept, such federal 30 |
---|
| 1318 | + | funding, establish such center, which shall have at least one facility on a 31 |
---|
| 1319 | + | campus of The University of Connecticut at Storrs. The university shall 32 |
---|
| 1320 | + | consult with the Department of Economic and Community 33 |
---|
| 1321 | + | Development in completing the requirements of this subsection. 34 |
---|
| 1322 | + | (b) If the university is awarded federal funding, as described in 35 |
---|
| 1323 | + | subsection (a) of this section, and elects to accept such federal funding, 36 |
---|
| 1324 | + | it shall notify the Commissioner of Economic and Community 37 |
---|
| 1325 | + | Bill No. |
---|
| 1326 | + | |
---|
| 1327 | + | |
---|
| 1328 | + | |
---|
| 1329 | + | LCO No. 4094 23 of 61 |
---|
| 1330 | + | |
---|
| 1331 | + | Development of such acceptance. Not later than ninety days after such 38 |
---|
| 1332 | + | notification is provided, the Department of Economic and Community 39 |
---|
| 1333 | + | Development shall provide a grant to the university in the amount of 40 |
---|
| 1334 | + | the state's share, as determined by said commissioner and pursuant to 41 |
---|
| 1335 | + | the proposal and the final award, of the capital costs of the center 42 |
---|
| 1336 | + | described in subsection (a) of this section or twenty million dollars, 43 |
---|
| 1337 | + | whichever is less, to be used by the university for the purposes set forth 44 |
---|
| 1338 | + | in subsection (a) of this section. 45 |
---|
| 1339 | + | Sec. 5. Subsection (b) of section 32-235 of the general statutes is 46 |
---|
| 1340 | + | repealed and the following is substituted in lieu thereof (Effective from 47 |
---|
| 1341 | + | passage): 48 |
---|
| 1342 | + | (b) The proceeds of the sale of said bonds, to the extent of the amount 49 |
---|
| 1343 | + | stated in subsection (a) of this section, shall be used by the Department 50 |
---|
| 1344 | + | of Economic and Community Development (1) for the purposes of 51 |
---|
| 1345 | + | sections 32-220 to 32-234, inclusive, including economic cluster-related 52 |
---|
| 1346 | + | programs and activities, and for the Connecticut job training finance 53 |
---|
| 1347 | + | demonstration program pursuant to sections 32-23uu and 32-23vv, 54 |
---|
| 1348 | + | provided (A) three million dollars shall be used by said department 55 |
---|
| 1349 | + | solely for the purposes of section 32-23uu, (B) not less than one million 56 |
---|
| 1350 | + | dollars shall be used for an educational technology grant to the 57 |
---|
| 1351 | + | deployment center program and the nonprofit business consortium 58 |
---|
| 1352 | + | deployment center approved pursuant to section 32-41l, (C) not less 59 |
---|
| 1353 | + | than two million dollars shall be used by said department for the 60 |
---|
| 1354 | + | establishment of a pilot program to make grants to businesses in 61 |
---|
| 1355 | + | designated areas of the state for construction, renovation or 62 |
---|
| 1356 | + | improvement of small manufacturing facilities, provided such grants 63 |
---|
| 1357 | + | are matched by the business, a municipality or another financing entity. 64 |
---|
| 1358 | + | The Commissioner of Economic and Community Development shall 65 |
---|
| 1359 | + | designate areas of the state where manufacturing is a substantial part of 66 |
---|
| 1360 | + | the local economy and shall make grants under such pilot program 67 |
---|
| 1361 | + | which are likely to produce a significant economic development benefit 68 |
---|
| 1362 | + | for the designated area, (D) five million dollars may be used by said 69 |
---|
| 1363 | + | department for the manufacturing competitiveness grants program, (E) 70 |
---|
| 1364 | + | Bill No. |
---|
| 1365 | + | |
---|
| 1366 | + | |
---|
| 1367 | + | |
---|
| 1368 | + | LCO No. 4094 24 of 61 |
---|
| 1369 | + | |
---|
| 1370 | + | one million dollars shall be used by said department for the purpose of 71 |
---|
| 1371 | + | a grant to the Connecticut Center for Advanced Technology, for the 72 |
---|
| 1372 | + | purposes of subdivision (5) of subsection (a) of section 32-7f, (F) fifty 73 |
---|
| 1373 | + | million dollars shall be used by said department for the purpose of 74 |
---|
| 1374 | + | grants to the United States Department of the Navy, the United States 75 |
---|
| 1375 | + | Department of Defense or eligible applicants for projects related to the 76 |
---|
| 1376 | + | enhancement of infrastructure for long-term, on-going naval operations 77 |
---|
| 1377 | + | at the United States Naval Submarine Base-New London, located in 78 |
---|
| 1378 | + | Groton, which will increase the military value of said base. Such projects 79 |
---|
| 1379 | + | shall not be subject to the provisions of sections 4a-60 and 4a-60a, (G) 80 |
---|
| 1380 | + | two million dollars shall be used by said department for the purpose of 81 |
---|
| 1381 | + | a grant to the Connecticut Center for Advanced Technology, Inc., for 82 |
---|
| 1382 | + | manufacturing initiatives, including aerospace and defense, and (H) 83 |
---|
| 1383 | + | four million dollars shall be used by said department for the purpose of 84 |
---|
| 1384 | + | a grant to companies adversely impacted by the construction at the 85 |
---|
| 1385 | + | Quinnipiac Bridge, where such grant may be used to offset the increase 86 |
---|
| 1386 | + | in costs of commercial overland transportation of goods or materials 87 |
---|
| 1387 | + | brought to the port of New Haven by ship or vessel, (2) for the purposes 88 |
---|
| 1388 | + | of the small business assistance program established pursuant to section 89 |
---|
| 1389 | + | 32-9yy, provided fifteen million dollars shall be deposited in the small 90 |
---|
| 1390 | + | business assistance account established pursuant to said section 32-9yy, 91 |
---|
| 1391 | + | (3) to deposit twenty million dollars in the small business express 92 |
---|
| 1392 | + | assistance account established pursuant to section 32-7h, (4) to deposit 93 |
---|
| 1393 | + | four million nine hundred thousand dollars per year in each of the fiscal 94 |
---|
| 1394 | + | years ending June 30, 2017, to June 30, 2019, inclusive, and June 30, 2021, 95 |
---|
| 1395 | + | and nine million nine hundred thousand dollars in the fiscal year ending 96 |
---|
| 1396 | + | June 30, 2020, in the CTNext Fund established pursuant to section 32-97 |
---|
| 1397 | + | 39i, which shall be used by CTNext to provide grants-in-aid to 98 |
---|
| 1398 | + | designated innovation places, as defined in section 32-39j, planning 99 |
---|
| 1399 | + | grants-in-aid pursuant to section 32-39l, and grants-in-aid for projects 100 |
---|
| 1400 | + | that network innovation places pursuant to subsection (b) of section 32-101 |
---|
| 1401 | + | 39m, provided not more than three million dollars be used for grants-102 |
---|
| 1402 | + | in-aid for such projects, and further provided any portion of any such 103 |
---|
| 1403 | + | deposit that remains unexpended in a fiscal year subsequent to the date 104 |
---|
| 1404 | + | Bill No. |
---|
| 1405 | + | |
---|
| 1406 | + | |
---|
| 1407 | + | |
---|
| 1408 | + | LCO No. 4094 25 of 61 |
---|
| 1409 | + | |
---|
| 1410 | + | of such deposit may be used by CTNext for any purpose described in 105 |
---|
| 1411 | + | subsection (e) of section 32-39i, (5) to deposit two million dollars per 106 |
---|
| 1412 | + | year in each of the fiscal years ending June 30, 2019, to June 30, 2021, 107 |
---|
| 1413 | + | inclusive, in the CTNext Fund established pursuant to section 32-39i, 108 |
---|
| 1414 | + | which shall be used by CTNext for the purpose of providing higher 109 |
---|
| 1415 | + | education entrepreneurship grants-in-aid pursuant to section 32-39g, 110 |
---|
| 1416 | + | provided any portion of any such deposit that remains unexpended in 111 |
---|
| 1417 | + | a fiscal year subsequent to the date of such deposit may be used by 112 |
---|
| 1418 | + | CTNext for any purpose described in subsection (e) of section 32-39i, (6) 113 |
---|
| 1419 | + | for the purpose of funding the costs of the Technology Talent Advisory 114 |
---|
| 1420 | + | Committee established pursuant to section 32-7p, provided two million 115 |
---|
| 1421 | + | dollars per year in each of the fiscal years ending June 30, 2017, to June 116 |
---|
| 1422 | + | 30, 2021, inclusive, shall be used for such purpose, (7) to provide (A) a 117 |
---|
| 1423 | + | grant-in-aid to the Connecticut Supplier Connection in an amount equal 118 |
---|
| 1424 | + | to two hundred fifty thousand dollars in each of the fiscal years ending 119 |
---|
| 1425 | + | June 30, 2017, to June 30, 2021, inclusive, and (B) a grant-in-aid to the 120 |
---|
| 1426 | + | Connecticut Procurement Technical Assistance Program in an amount 121 |
---|
| 1427 | + | equal to three hundred thousand dollars in each of the fiscal years 122 |
---|
| 1428 | + | ending June 30, 2017, to June 30, 2021, inclusive, (8) to deposit four 123 |
---|
| 1429 | + | hundred fifty thousand dollars per year, in each of the fiscal years 124 |
---|
| 1430 | + | ending June 30, 2017, to June 30, 2021, inclusive, in the CTNext Fund 125 |
---|
| 1431 | + | established pursuant to section 32-39i, which shall be used by CTNext 126 |
---|
| 1432 | + | to provide growth grants-in-aid pursuant to section 32-39g, provided 127 |
---|
| 1433 | + | any portion of any such deposit that remains unexpended in a fiscal year 128 |
---|
| 1434 | + | subsequent to the date of such deposit may be used by CTNext for any 129 |
---|
| 1435 | + | purpose described in subsection (e) of section 32-39i, (9) to transfer fifty 130 |
---|
| 1436 | + | million dollars to the Labor Department which shall be used by said 131 |
---|
| 1437 | + | department for the purpose of funding workforce pipeline programs 132 |
---|
| 1438 | + | selected pursuant to section 31-11rr, provided, notwithstanding the 133 |
---|
| 1439 | + | provisions of section 31-11rr, (A) not less than five million dollars shall 134 |
---|
| 1440 | + | be provided to the workforce development board in Bridgeport serving 135 |
---|
| 1441 | + | the southwest region, for purposes of such program, and the board shall 136 |
---|
| 1442 | + | distribute such money in proportion to population and need, and (B) 137 |
---|
| 1443 | + | not less than five million dollars shall be provided to the workforce 138 |
---|
| 1444 | + | Bill No. |
---|
| 1445 | + | |
---|
| 1446 | + | |
---|
| 1447 | + | |
---|
| 1448 | + | LCO No. 4094 26 of 61 |
---|
| 1449 | + | |
---|
| 1450 | + | development board in Hartford serving the north central region, for 139 |
---|
| 1451 | + | purposes of such program, (10) to transfer twenty million dollars to 140 |
---|
| 1452 | + | Connecticut Innovations, Incorporated, provided ten million dollars 141 |
---|
| 1453 | + | shall be used by Connecticut Innovations, Incorporated for the purpose 142 |
---|
| 1454 | + | of the proof of concept fund established pursuant to subsection (b) of 143 |
---|
| 1455 | + | section 32-39x and ten million dollars shall be used by Connecticut 144 |
---|
| 1456 | + | Innovations, Incorporated for the purpose of the venture capital fund 145 |
---|
| 1457 | + | program established pursuant to section 32-41oo, (11) to provide a grant 146 |
---|
| 1458 | + | to The University of Connecticut of eight million dollars for the 147 |
---|
| 1459 | + | establishment, development and operation of a center for sustainable 148 |
---|
| 1460 | + | aviation pursuant to subsection (a) of section 4 of this act. Not later than 149 |
---|
| 1461 | + | thirty days prior to any use of unexpended funds under subdivision (4), 150 |
---|
| 1462 | + | (5) or (8) of this subsection, the CTNext board of directors shall provide 151 |
---|
| 1463 | + | notice of and the reason for such use to the joint standing committees of 152 |
---|
| 1464 | + | the General Assembly having cognizance of matters relating to 153 |
---|
| 1465 | + | commerce and finance, revenue and bonding. 154 |
---|
| 1466 | + | Sec. 6. Subsection (a) of section 10a-109d of the general statutes is 155 |
---|
| 1467 | + | repealed and the following is substituted in lieu thereof (Effective from 156 |
---|
| 1468 | + | passage): 157 |
---|
| 1469 | + | (a) In order for the university to construct and issue securities for 158 |
---|
| 1470 | + | UConn 2000 and to otherwise carry out its responsibilities and 159 |
---|
| 1471 | + | requirements under sections 10a-109a to 10a-109y, inclusive, the 160 |
---|
| 1472 | + | university shall have the following powers, which powers shall be 161 |
---|
| 1473 | + | independent of and in addition to any other powers of the university 162 |
---|
| 1474 | + | under state law: 163 |
---|
| 1475 | + | (1) To have perpetual succession as a body politic and corporate and 164 |
---|
| 1476 | + | an instrumentality and agency of the state pursuant to section 10a-109v; 165 |
---|
| 1477 | + | (2) To adopt and have an official seal and alter it at pleasure; 166 |
---|
| 1478 | + | (3) To contract and be contracted with, sue, be indemnified, insure its 167 |
---|
| 1479 | + | assets, activities or actions or be a self-insurer and institute, prosecute, 168 |
---|
| 1480 | + | maintain and defend any action or proceeding in any court or before 169 |
---|
| 1481 | + | Bill No. |
---|
| 1482 | + | |
---|
| 1483 | + | |
---|
| 1484 | + | |
---|
| 1485 | + | LCO No. 4094 27 of 61 |
---|
| 1486 | + | |
---|
| 1487 | + | any agency or tribunal of competent jurisdiction; 170 |
---|
| 1488 | + | (4) To indemnify and be sued, solely pursuant to subsection (a) of 171 |
---|
| 1489 | + | section 10a-109o; 172 |
---|
| 1490 | + | (5) To retain by contract or employ architects, accountants, engineers, 173 |
---|
| 1491 | + | legal and securities counsel in accordance with the provisions of 174 |
---|
| 1492 | + | subparagraph (F) of subdivision (4) of subsection (e) of section 10a-109n, 175 |
---|
| 1493 | + | and other professional and technical consultants and advisers; provided 176 |
---|
| 1494 | + | the university shall continue to be subject to audit, including its 177 |
---|
| 1495 | + | operations under sections 10a-109a to 10a-109y, inclusive, pursuant to 178 |
---|
| 1496 | + | section 2-90, and provided further, financial advisers, underwriters, 179 |
---|
| 1497 | + | counsel, trustee, if any, and other financial consultants retained in 180 |
---|
| 1498 | + | connection with the offering and sale of securities shall be selected in 181 |
---|
| 1499 | + | consultation with the university, in the same manner as for state general 182 |
---|
| 1500 | + | obligation bonds; 183 |
---|
| 1501 | + | (6) To plan, design, acquire, construct, build, enlarge, alter, 184 |
---|
| 1502 | + | reconstruct, renovate, improve, equip, own, operate, maintain, dispose 185 |
---|
| 1503 | + | of and demolish any project or projects, or any combination of projects, 186 |
---|
| 1504 | + | including without limitation any contract in furtherance of UConn 2000, 187 |
---|
| 1505 | + | notwithstanding the provisions of subsections (b) and (c) of section 10a-188 |
---|
| 1506 | + | 105 or any other provisions of the general statutes regarding the powers 189 |
---|
| 1507 | + | of the university to undertake capital projects and purchase personal 190 |
---|
| 1508 | + | property; 191 |
---|
| 1509 | + | (7) To acquire by purchase, contract, lease, long-term lease or gift, and 192 |
---|
| 1510 | + | hold or dispose of, real or personal property or rights or interests in any 193 |
---|
| 1511 | + | such property and to hold, sell, assign, lease, rent, encumber, other than 194 |
---|
| 1512 | + | by mortgage, or otherwise dispose of any real or personal property, or 195 |
---|
| 1513 | + | any interest therein, owned by the university or in its control, custody 196 |
---|
| 1514 | + | or possession in accordance with section 10a-109n; 197 |
---|
| 1515 | + | (8) To receive and accept grants, subsidies or loans of money from the 198 |
---|
| 1516 | + | federal government or a federal agency or instrumentality, the state or 199 |
---|
| 1517 | + | others, upon such terms and conditions as may be imposed, and to 200 |
---|
| 1518 | + | Bill No. |
---|
| 1519 | + | |
---|
| 1520 | + | |
---|
| 1521 | + | |
---|
| 1522 | + | LCO No. 4094 28 of 61 |
---|
| 1523 | + | |
---|
| 1524 | + | pledge the proceeds of grants, subsidies or loans of money received or 201 |
---|
| 1525 | + | to be received from the federal government or any federal agency or 202 |
---|
| 1526 | + | instrumentality, the state or others, pursuant to agreements entered into 203 |
---|
| 1527 | + | between the university and the federal government or any federal 204 |
---|
| 1528 | + | agency or instrumentality, the state or others, provided (A) such 205 |
---|
| 1529 | + | property shall be deemed property of the state for purposes of sections 206 |
---|
| 1530 | + | 4a-19 and 4a-20, and (B) the university may insure its property 207 |
---|
| 1531 | + | independent of the state; 208 |
---|
| 1532 | + | (9) Notwithstanding the provisions of section 10a-150, to receive and 209 |
---|
| 1533 | + | accept aid or contributions, from any source, of money, property, labor 210 |
---|
| 1534 | + | or other things of value, to be held, used and applied to carry out the 211 |
---|
| 1535 | + | purposes of sections 10a-109a to 10a-109y, inclusive, subject to the 212 |
---|
| 1536 | + | conditions upon which such aid or contributions may be made, 213 |
---|
| 1537 | + | including, but not limited to, gifts or grants from any department or 214 |
---|
| 1538 | + | agency of the United States or the state for any purpose consistent with 215 |
---|
| 1539 | + | said sections; 216 |
---|
| 1540 | + | (10) To borrow money and issue securities to finance the acquisition, 217 |
---|
| 1541 | + | construction, reconstruction, improvement or equipping of any one 218 |
---|
| 1542 | + | project, or more than one, or any combination of projects, or to refund 219 |
---|
| 1543 | + | securities issued after June 7, 1995, or to refund any such refunding 220 |
---|
| 1544 | + | securities or for any one, or more than one, or all of those purposes, or 221 |
---|
| 1545 | + | any combination of those purposes, and to provide for the security and 222 |
---|
| 1546 | + | payment of those securities and for the rights of the holders of them, 223 |
---|
| 1547 | + | except that the amount of any such borrowing, the special debt service 224 |
---|
| 1548 | + | requirements for which are secured by the state debt service 225 |
---|
| 1549 | + | commitment, exclusive of the amount of borrowing to refund securities, 226 |
---|
| 1550 | + | or to fund issuance costs or necessary reserves, may not exceed the 227 |
---|
| 1551 | + | aggregate principal amount of (A) for the fiscal years ending June 30, 228 |
---|
| 1552 | + | 1996, to June 30, 2005, inclusive, one billion thirty million dollars, (B) for 229 |
---|
| 1553 | + | the fiscal years ending June 30, 2006, to June 30, 2027, inclusive, [three 230 |
---|
| 1554 | + | billion two hundred ninety-five million] three billion two hundred 231 |
---|
| 1555 | + | eighty-three million nine hundred thousand dollars, and (C) such 232 |
---|
| 1556 | + | additional amount or amounts: (i) Required from time to time to fund 233 |
---|
| 1557 | + | Bill No. |
---|
| 1558 | + | |
---|
| 1559 | + | |
---|
| 1560 | + | |
---|
| 1561 | + | LCO No. 4094 29 of 61 |
---|
| 1562 | + | |
---|
| 1563 | + | any special capital reserve fund or other debt service reserve fund in 234 |
---|
| 1564 | + | accordance with the financing transaction proceedings, and (ii) to pay 235 |
---|
| 1565 | + | or provide for the costs of issuance and capitalized interest, if any; the 236 |
---|
| 1566 | + | aggregate amounts of subparagraphs (A), (B) and (C) of this subdivision 237 |
---|
| 1567 | + | are established as the authorized funding amount, and no borrowing 238 |
---|
| 1568 | + | within the authorized funding amount for a project or projects may be 239 |
---|
| 1569 | + | effected unless the project or projects are included in accordance with 240 |
---|
| 1570 | + | subsection (a) of section 10a-109e; 241 |
---|
| 1571 | + | (11) To make, enter into, execute, deliver and amend any and all 242 |
---|
| 1572 | + | contracts, including, but not limited to, total cost basis contracts, 243 |
---|
| 1573 | + | agreements, leases, instruments and documents and perform all acts 244 |
---|
| 1574 | + | and do all things necessary or convenient to plan, design, acquire, 245 |
---|
| 1575 | + | construct, build, enlarge, alter, reconstruct, renovate, improve, equip, 246 |
---|
| 1576 | + | finance, maintain and operate projects and to carry out the powers 247 |
---|
| 1577 | + | granted by sections 10a-109a to 10a-109y, inclusive, or reasonably 248 |
---|
| 1578 | + | implied from those powers; 249 |
---|
| 1579 | + | (12) Notwithstanding any provision of the general statutes to the 250 |
---|
| 1580 | + | contrary, including without limitation subsection (a) of section 10a-105, 251 |
---|
| 1581 | + | to fix and collect fees, tuition, charges, rentals and other charges for 252 |
---|
| 1582 | + | enrollment and attendance at the university and for the use of projects 253 |
---|
| 1583 | + | or any part thereof, provided that no tuition or student fee revenue shall 254 |
---|
| 1584 | + | be used for repairs performed solely to correct code violations that were 255 |
---|
| 1585 | + | applicable at the time of project completion and were for named projects 256 |
---|
| 1586 | + | pursuant to section 10a-109e completed prior to January 1, 2007; to 257 |
---|
| 1587 | + | provide for the promulgation of such reasonable and proper policies 258 |
---|
| 1588 | + | and procedures as may be necessary to assure the maximum use of the 259 |
---|
| 1589 | + | facilities of any projects at all times; and 260 |
---|
| 1590 | + | (13) Notwithstanding the provisions of subsection (b) of section 10a-261 |
---|
| 1591 | + | 105, to provide for or confirm the establishment of various funds and 262 |
---|
| 1592 | + | accounts respecting university operations, bond proceeds and special 263 |
---|
| 1593 | + | debt service requirements for securities issued, renewal and 264 |
---|
| 1594 | + | replacement and insurance, special capital reserve and operating 265 |
---|
| 1595 | + | Bill No. |
---|
| 1596 | + | |
---|
| 1597 | + | |
---|
| 1598 | + | |
---|
| 1599 | + | LCO No. 4094 30 of 61 |
---|
| 1600 | + | |
---|
| 1601 | + | reserve, special external gifts, pending receipts, assured revenues, 266 |
---|
| 1602 | + | project revenues to the extent not otherwise pledged and securing 267 |
---|
| 1603 | + | outstanding general obligation bonds of the state or other revenues and 268 |
---|
| 1604 | + | other funds or accounts as may be more particularly required under this 269 |
---|
| 1605 | + | subdivision and the indentures of trust or resolutions authorizing 270 |
---|
| 1606 | + | securities and to provide, subject to section 10a-109q and the provisions 271 |
---|
| 1607 | + | of such indentures or resolutions for the following to be deposited 272 |
---|
| 1608 | + | therein, as follows: 273 |
---|
| 1609 | + | (A) All proceeds received from the sale of all securities; 274 |
---|
| 1610 | + | (B) All fees, tuition, rentals and other charges from students, faculty, 275 |
---|
| 1611 | + | staff members and others using or being served by, or having the right 276 |
---|
| 1612 | + | to use or the right to be served by the university or any project; 277 |
---|
| 1613 | + | (C) All fees for student activities, student services and all other fees, 278 |
---|
| 1614 | + | tuition and charges collected from students matriculated, registered or 279 |
---|
| 1615 | + | otherwise enrolled at and attending the university, pledged under the 280 |
---|
| 1616 | + | terms of financing transaction proceedings; 281 |
---|
| 1617 | + | (D) All rentals from any facility or building leased to the federal 282 |
---|
| 1618 | + | government or any other third party; 283 |
---|
| 1619 | + | (E) Federal and state grants, gifts, state appropriations and special 284 |
---|
| 1620 | + | external gift funds; 285 |
---|
| 1621 | + | (F) All other assured revenues; and 286 |
---|
| 1622 | + | (G) Project revenues. 287 |
---|
| 1623 | + | Sec. 7. Subsection (a) of section 10a-109g of the general statutes is 288 |
---|
| 1624 | + | repealed and the following is substituted in lieu thereof (Effective from 289 |
---|
| 1625 | + | passage): 290 |
---|
| 1626 | + | (a) (1) The university is authorized to provide by resolution, at one 291 |
---|
| 1627 | + | time or from time to time, for the issuance and sale of securities, in its 292 |
---|
| 1628 | + | own name on behalf of the state, pursuant to section 10a-109f. The board 293 |
---|
| 1629 | + | Bill No. |
---|
| 1630 | + | |
---|
| 1631 | + | |
---|
| 1632 | + | |
---|
| 1633 | + | LCO No. 4094 31 of 61 |
---|
| 1634 | + | |
---|
| 1635 | + | of trustees of the university is hereby authorized by such resolution to 294 |
---|
| 1636 | + | delegate to its finance committee such matters as it may determine 295 |
---|
| 1637 | + | appropriate other than the authorization and maximum amount of the 296 |
---|
| 1638 | + | securities to be issued, the nature of the obligation of the securities as 297 |
---|
| 1639 | + | established pursuant to subsection (c) of this section and the projects for 298 |
---|
| 1640 | + | which the proceeds are to be used. The finance committee may act on 299 |
---|
| 1641 | + | such matters unless and until the board of trustees elects to reassume 300 |
---|
| 1642 | + | the same. The amount of securities the special debt service requirements 301 |
---|
| 1643 | + | of which are secured by the state debt service commitment that the 302 |
---|
| 1644 | + | board of trustees is authorized to provide for the issuance and sale in 303 |
---|
| 1645 | + | accordance with this subsection shall be capped in each fiscal year in the 304 |
---|
| 1646 | + | following amounts, provided, to the extent the board of trustees does 305 |
---|
| 1647 | + | not provide for the issuance of all or a portion of such amount in a fiscal 306 |
---|
| 1648 | + | year, all or such portion, as the case may be, may be carried forward to 307 |
---|
| 1649 | + | any succeeding fiscal year and provided further, the actual amount for 308 |
---|
| 1650 | + | funding, paying or providing for the items described in subparagraph 309 |
---|
| 1651 | + | (C) of subdivision (10) of subsection (a) of section 10a-109d, as amended 310 |
---|
| 1652 | + | by this act, may be added to the capped amount in each fiscal year: 311 |
---|
| 1653 | + | T458 Fiscal Year Amount |
---|
| 1654 | + | T459 |
---|
| 1655 | + | T460 1996 $112,542,000 |
---|
| 1656 | + | T461 1997 112,001,000 |
---|
| 1657 | + | T462 1998 93,146,000 |
---|
| 1658 | + | T463 1999 64,311,000 |
---|
| 1659 | + | T464 2000 130,000,000 |
---|
| 1660 | + | T465 2001 100,000,000 |
---|
| 1661 | + | T466 2002 100,000,000 |
---|
| 1662 | + | T467 2003 100,000,000 |
---|
| 1663 | + | T468 2004 100,000,000 |
---|
| 1664 | + | T469 2005 100,000,000 |
---|
| 1665 | + | T470 2006 79,000,000 |
---|
| 1666 | + | T471 2007 89,000,000 |
---|
| 1667 | + | T472 2008 115,000,000 |
---|
| 1668 | + | T473 2009 140,000,000 |
---|
| 1669 | + | T474 2010 0 |
---|
| 1670 | + | T475 2011 138,800,000 |
---|
| 1671 | + | Bill No. |
---|
| 1672 | + | |
---|
| 1673 | + | |
---|
| 1674 | + | |
---|
| 1675 | + | LCO No. 4094 32 of 61 |
---|
| 1676 | + | |
---|
| 1677 | + | T476 2012 157,200,000 |
---|
| 1678 | + | T477 2013 143,000,000 |
---|
| 1679 | + | T478 2014 204,400,000 |
---|
| 1680 | + | T479 2015 315,500,000 |
---|
| 1681 | + | T480 2016 312,100,000 |
---|
| 1682 | + | T481 2017 240,400,000 |
---|
| 1683 | + | T482 2018 200,000,000 |
---|
| 1684 | + | T483 2019 200,000,000 |
---|
| 1685 | + | T484 2020 197,200,000 |
---|
| 1686 | + | T485 2021 260,000,000 |
---|
| 1687 | + | T486 2022 215,500,000 |
---|
| 1688 | + | T487 2023 125,100,000 |
---|
| 1689 | + | T488 2024 84,700,000 |
---|
| 1690 | + | T489 2025 [56,000,000] |
---|
1573 | | - | 2026 14,000,000 |
---|
1574 | | - | 2027 9,000,000 |
---|
1575 | | - | |
---|
1576 | | - | (2) Subject to amount limitations of such capping provisions in |
---|
1577 | | - | subdivision (1) of this subsection and following approval of such |
---|
1578 | | - | resolution as provided in subsection (b) of section 10a-109f, the principal |
---|
1579 | | - | amount of the securities authorized therein for such project or projects |
---|
1580 | | - | shall be deemed to be an appropriation and allocation of such amount |
---|
1581 | | - | for such project or projects, respectively, and such approval by the |
---|
1582 | | - | Governor of such resolution shall be deemed the allotment by the |
---|
1583 | | - | Governor of such capital outlays within the meaning of section 4-85 and |
---|
1584 | | - | the university (A) may award a contract or contracts and incur an |
---|
1585 | | - | obligation or obligations with respect to each such project or projects |
---|
1586 | | - | authorized pursuant to and within the amount authorized in such |
---|
1587 | | - | resolution, notwithstanding that such contract or obligation may at any |
---|
1588 | | - | particular time exceed the amount of the proceeds from the sale of |
---|
1589 | | - | securities theretofore received by the university, and (B) may issue and |
---|
1590 | | - | sell securities respecting such contracts or obligations referred to in House Bill No. 6671 |
---|
1591 | | - | |
---|
1592 | | - | Public Act No. 23-1 34 of 63 |
---|
1593 | | - | |
---|
1594 | | - | subparagraph (A) only at such time or times as shall be needed to have |
---|
1595 | | - | the proceeds thereof available to pay requisitions expected thereunder |
---|
1596 | | - | within the year following issuance of such securities and to provide for |
---|
1597 | | - | costs of UConn 2000 of not more than twenty per cent in excess and |
---|
1598 | | - | regardless of such anticipated cash expenditure requirements but |
---|
1599 | | - | subject to section 10a-109q, provided the amount needed for funding, |
---|
1600 | | - | paying or providing for the items described in subparagraph (B) of |
---|
1601 | | - | subdivision (10) of subsection (a) of section 10a-109d, as amended by |
---|
1602 | | - | this act, may be added to the amount of securities so issued. |
---|
1603 | | - | Sec. 8. Section 10-76g of the general statutes is repealed and the |
---|
1604 | | - | following is substituted in lieu thereof (Effective from passage): |
---|
1605 | | - | (a) (1) For the fiscal year ending June 30, 1984, and each fiscal year |
---|
1606 | | - | thereafter, in any case in which special education is being provided at a |
---|
1607 | | - | private residential institution, including the residential components of |
---|
1608 | | - | regional educational service centers, to a child for whom no local or |
---|
1609 | | - | regional board of education can be found responsible under subsection |
---|
1610 | | - | (b) of section 10-76d, the Department of Children and Families shall pay |
---|
1611 | | - | the costs of special education to such institution pursuant to its authority |
---|
1612 | | - | under sections 17a-1 to 17a-26, inclusive, 17a-28 to 17a-49, inclusive, 17a- |
---|
1613 | | - | 52 and 17a-861. (2) For the fiscal year ending June 30, 1993, and each |
---|
1614 | | - | fiscal year thereafter, any local or regional board of education which |
---|
1615 | | - | provides special education and related services for any child (A) who is |
---|
1616 | | - | placed by a public agency, including, but not limited to, offices of a |
---|
1617 | | - | government of a federally recognized Native American tribe, in a |
---|
1618 | | - | private residential facility or who is placed in a facility or institution |
---|
1619 | | - | operated by the Department of Children and Families and who receives |
---|
1620 | | - | such special education at a program operated by a regional education |
---|
1621 | | - | service center or program operated by a local or regional board of |
---|
1622 | | - | education, and (B) for whom no local or regional board of education can |
---|
1623 | | - | be found responsible under subsection (b) of section 10-76d, shall be |
---|
1624 | | - | eligible to receive one hundred per cent of the reasonable costs of special House Bill No. 6671 |
---|
1625 | | - | |
---|
1626 | | - | Public Act No. 23-1 35 of 63 |
---|
1627 | | - | |
---|
1628 | | - | education for such child as defined in the regulations of the State Board |
---|
1629 | | - | of Education. Any such board eligible for payment shall file with the |
---|
1630 | | - | Department of Education, in such manner as prescribed by the |
---|
1631 | | - | Commissioner of Education, annually, on or before December first a |
---|
1632 | | - | statement of the cost of providing special education for such child, |
---|
1633 | | - | provided a board of education may submit, not later than March first, |
---|
1634 | | - | claims for additional children or costs not included in the December |
---|
1635 | | - | filing. Payment by the state for such costs shall be made to the local or |
---|
1636 | | - | regional board of education as follows: Seventy-five per cent of the cost |
---|
1637 | | - | in February and the balance in May. |
---|
1638 | | - | (b) Any local or regional board of education which provides special |
---|
1639 | | - | education pursuant to the provisions of sections 10-76a to 10-76g, |
---|
1640 | | - | inclusive, as amended by this act, for any exceptional child described in |
---|
1641 | | - | subparagraph (A) of subdivision (5) of section 10-76a, under its |
---|
1642 | | - | jurisdiction, excluding (1) children placed by a state agency for whom a |
---|
1643 | | - | board of education receives payment pursuant to the provisions of |
---|
1644 | | - | subdivision (2) of subsection (e) of section 10-76d, as amended by this |
---|
1645 | | - | act, and (2) children who require special education, who reside on state- |
---|
1646 | | - | owned or leased property, and who are not the educational |
---|
1647 | | - | responsibility of the unified school districts established pursuant to |
---|
1648 | | - | sections 17a-37 and 18-99a, shall be financially responsible for the |
---|
1649 | | - | reasonable costs of special education instruction, as defined in the |
---|
1650 | | - | regulations of the State Board of Education, in an amount equal to (A) |
---|
1651 | | - | for any fiscal year commencing prior to July 1, 2005, five times the |
---|
1652 | | - | average per pupil educational costs of such board of education for the |
---|
1653 | | - | prior fiscal year, determined in accordance with the provisions of |
---|
1654 | | - | subsection (a) of section 10-76f, and (B) for the fiscal year commencing |
---|
1655 | | - | July 1, 2005, and each fiscal year thereafter, four and one-half times such |
---|
1656 | | - | average per pupil educational costs of such board of education. Except |
---|
1657 | | - | as otherwise provided in subsection (d) of this section, the State Board |
---|
1658 | | - | of Education shall, within available appropriations, pay on a current |
---|
1659 | | - | basis any costs in excess of the local or regional board's basic House Bill No. 6671 |
---|
1660 | | - | |
---|
1661 | | - | Public Act No. 23-1 36 of 63 |
---|
1662 | | - | |
---|
1663 | | - | contribution paid by such board in accordance with the provisions of |
---|
1664 | | - | this subsection. Any amounts paid by the State Board of Education on a |
---|
1665 | | - | current basis pursuant to this subsection shall not be reimbursable in the |
---|
1666 | | - | subsequent year. Application for such grant shall be made by filing with |
---|
1667 | | - | the Department of Education, in such manner as prescribed by the |
---|
1668 | | - | commissioner, annually on or before December first a statement of the |
---|
1669 | | - | cost of providing special education pursuant to this subsection, |
---|
1670 | | - | provided a board of education may submit, not later than March first, |
---|
1671 | | - | claims for additional children or costs not included in the December |
---|
1672 | | - | filing. Payment by the state for such excess costs shall be made to the |
---|
1673 | | - | local or regional board of education as follows: Seventy-five per cent of |
---|
1674 | | - | the cost in February and the balance in May. The amount due each town |
---|
1675 | | - | pursuant to the provisions of this subsection shall be paid to the |
---|
1676 | | - | treasurer of each town entitled to such aid, provided the treasurer shall |
---|
1677 | | - | treat such grant, or a portion of the grant, which relates to special |
---|
1678 | | - | education expenditures incurred in excess of such town's board of |
---|
1679 | | - | education budgeted estimate of such expenditures, as a reduction in |
---|
1680 | | - | expenditures by crediting such expenditure account, rather than town |
---|
1681 | | - | revenue. Such expenditure account shall be so credited no later than |
---|
1682 | | - | thirty days after receipt by the treasurer of necessary documentation |
---|
1683 | | - | from the board of education indicating the amount of such special |
---|
1684 | | - | education expenditures incurred in excess of such town's board of |
---|
1685 | | - | education budgeted estimate of such expenditures. |
---|
1686 | | - | (c) Commencing with the fiscal year ending June 30, 1996, and for |
---|
1687 | | - | each fiscal year thereafter, within available appropriations, each town |
---|
1688 | | - | whose ratio of (1) net costs of special education, as defined in subsection |
---|
1689 | | - | (h) of section 10-76f, for the fiscal year prior to the year in which the |
---|
1690 | | - | grant is to be paid to (2) the product of its total need students, as defined |
---|
1691 | | - | in section 10-262f, and the average regular program expenditures, as |
---|
1692 | | - | defined in section 10-262f, per need student for all towns for such year |
---|
1693 | | - | exceeds the state-wide average for all such ratios shall be eligible to |
---|
1694 | | - | receive a supplemental special education grant. Such grant shall be House Bill No. 6671 |
---|
1695 | | - | |
---|
1696 | | - | Public Act No. 23-1 37 of 63 |
---|
1697 | | - | |
---|
1698 | | - | equal to the product of a town's eligible excess costs and the town's base |
---|
1699 | | - | aid ratio, as defined in section 10-262f, provided each town's grant shall |
---|
1700 | | - | be adjusted proportionately if necessary to stay within the |
---|
1701 | | - | appropriation. Payment pursuant to this subsection shall be made in |
---|
1702 | | - | June. For purposes of this subsection, a town's eligible excess costs are |
---|
1703 | | - | the difference between its net costs of special education and the amount |
---|
1704 | | - | the town would have expended if it spent at the state-wide average rate. |
---|
1705 | | - | (d) Notwithstanding [the provisions of this section] any provision of |
---|
1706 | | - | the general statutes, for the fiscal year ending June 30, 2023, and each |
---|
1707 | | - | fiscal year thereafter, if the total of the amount of the grants payable to |
---|
1708 | | - | local or regional boards of education in accordance with [this section] |
---|
1709 | | - | (1) subsections (a) to (c), inclusive, of this section, except grants paid in |
---|
1710 | | - | accordance with subdivision (2) of subsection (a) of this section, (2) |
---|
1711 | | - | subdivision (2) of subsection (e) of section 10-76d, as amended by this |
---|
1712 | | - | act, and (3) subsection (b) of section 10-253, as amended by this act, in |
---|
1713 | | - | any fiscal year exceeds the amount appropriated for the purposes of |
---|
1714 | | - | [this section] the grants described in subdivisions (1) to (3), inclusive, of |
---|
1715 | | - | this subsection for such fiscal year, then each town shall be ranked in |
---|
1716 | | - | descending order from one to one hundred sixty-nine according to such |
---|
1717 | | - | town's adjusted equalized net grand list per capita, as defined in section |
---|
1718 | | - | 10-261, and the state board shall pay such grant to the local or regional |
---|
1719 | | - | board of education for a town as follows: [(1)] (A) For any town ranked |
---|
1720 | | - | one hundred fifteen to one hundred sixty-nine, inclusive, [seventy-six |
---|
1721 | | - | and one-quarter] ninety-one per cent of the amount of such town's |
---|
1722 | | - | eligible excess costs, [(2)] (B) for any town ranked fifty-nine to one |
---|
1723 | | - | hundred fourteen, inclusive, [seventy-three] eighty-eight per cent of the |
---|
1724 | | - | amount of such town's eligible excess costs, and [(3)] (C) for any town |
---|
1725 | | - | ranked one to fifty-eight, inclusive, [seventy] eighty-five per cent of the |
---|
1726 | | - | amount of such town's eligible excess costs. In the case of a regional |
---|
1727 | | - | board of education, such ranking shall be determined by [(A)] (i) |
---|
1728 | | - | multiplying the total population, as defined in section 10-261, of each |
---|
1729 | | - | town in the regional school district by such town's ranking, as House Bill No. 6671 |
---|
1730 | | - | |
---|
1731 | | - | Public Act No. 23-1 38 of 63 |
---|
1732 | | - | |
---|
1733 | | - | determined in this subsection, [(B)] (ii) adding together the figures |
---|
1734 | | - | determined under [subparagraph (A)] clause (i) of this [subdivision] |
---|
1735 | | - | subparagraph, and [(C)] (iii) dividing the total computed under |
---|
1736 | | - | [subparagraph (B)] clause (ii) of this [subdivision] subparagraph by the |
---|
1737 | | - | total population of all towns in the district. The ranking of each regional |
---|
1738 | | - | board of education shall be rounded to the next higher whole number. |
---|
1739 | | - | If the total amount of the grants payable to local and regional boards of |
---|
1740 | | - | education calculated under subparagraphs (A) to (C), inclusive, of this |
---|
1741 | | - | subsection in any fiscal year exceeds the total amount appropriated for |
---|
1742 | | - | the grants described in subdivisions (1) to (3), inclusive, of this |
---|
1743 | | - | subsection for such fiscal year, the amount of the grants payable under |
---|
1744 | | - | this subsection shall be reduced proportionately. |
---|
1745 | | - | (e) (1) For the fiscal year ending June 30, 2023, and each fiscal year |
---|
1746 | | - | thereafter, if the total amount appropriated in any fiscal year for the |
---|
1747 | | - | grants described in subdivisions (1) to (3), inclusive, of subsection (d) of |
---|
1748 | | - | this section exceeds the total of the amount of the grants payable to local |
---|
1749 | | - | and regional boards of education under subsection (d) of this section, |
---|
1750 | | - | for such fiscal year, such excess amount shall be distributed to each local |
---|
1751 | | - | and regional board of education as follows: |
---|
1752 | | - | (A) Subtract the sum of all grants paid to local and regional boards of |
---|
1753 | | - | education in such fiscal year under subsection (d) of this section from |
---|
1754 | | - | the sum of all grants calculated under subsections (a) to (c), inclusive, of |
---|
1755 | | - | this section, subdivision (2) of subsection (e) of section 10-76d, as |
---|
1756 | | - | amended by this act, and subsection (b) of section 10-253, as amended |
---|
1757 | | - | by this act; |
---|
1758 | | - | (B) Subtract the sum of all grants paid to local and regional boards of |
---|
1759 | | - | education in such fiscal year under subsections (a) to (d), inclusive, of |
---|
1760 | | - | this section from the total amount appropriated in such fiscal year for |
---|
1761 | | - | all grants under this section; |
---|
1762 | | - | (C) Divide the amount calculated under subparagraph (B) of this House Bill No. 6671 |
---|
1763 | | - | |
---|
1764 | | - | Public Act No. 23-1 39 of 63 |
---|
1765 | | - | |
---|
1766 | | - | subdivision by the amount calculated under subparagraph (A) of this |
---|
1767 | | - | subdivision; and |
---|
1768 | | - | (D) To determine the amount of such excess to be distributed to each |
---|
1769 | | - | local and regional board of education, multiply the amount calculated |
---|
1770 | | - | under subparagraph (A) of this subdivision that is attributable to such |
---|
1771 | | - | local or regional board of education by the per cent calculated under |
---|
1772 | | - | subparagraph (C) of this subdivision. |
---|
1773 | | - | (2) Any grants paid in accordance with subdivision (2) of subsection |
---|
1774 | | - | (a) of this section shall be excluded from the calculations described in |
---|
1775 | | - | subdivision (1) of this subsection. |
---|
1776 | | - | Sec. 9. Subdivision (2) of subsection (e) of section 10-76d of the |
---|
1777 | | - | general statutes is repealed and the following is substituted in lieu |
---|
1778 | | - | thereof (Effective from passage): |
---|
1779 | | - | (2) For purposes of this subdivision, "public agency" includes the |
---|
1780 | | - | offices of a government of a federally recognized Native American tribe. |
---|
1781 | | - | Notwithstanding any [other provisions] provision of the general |
---|
1782 | | - | statutes, for the fiscal year ending June 30, 1987, and each fiscal year |
---|
1783 | | - | thereafter, whenever a public agency, other than a local or regional |
---|
1784 | | - | board of education, the State Board of Education or the Superior Court |
---|
1785 | | - | acting pursuant to section 10-76h, places a child in a foster home, group |
---|
1786 | | - | home, hospital, state institution, receiving home, custodial institution or |
---|
1787 | | - | any other residential or day treatment facility, and such child requires |
---|
1788 | | - | special education, the local or regional board of education under whose |
---|
1789 | | - | jurisdiction the child would otherwise be attending school or, if no such |
---|
1790 | | - | board can be identified, the local or regional board of education of the |
---|
1791 | | - | town where the child is placed, shall provide the requisite special |
---|
1792 | | - | education and related services to such child in accordance with the |
---|
1793 | | - | provisions of this section. Within one business day of such a placement |
---|
1794 | | - | by the Department of Children and Families or offices of a government |
---|
1795 | | - | of a federally recognized Native American tribe, said department or House Bill No. 6671 |
---|
1796 | | - | |
---|
1797 | | - | Public Act No. 23-1 40 of 63 |
---|
1798 | | - | |
---|
1799 | | - | offices shall orally notify the local or regional board of education |
---|
1800 | | - | responsible for providing special education and related services to such |
---|
1801 | | - | child of such placement. The department or offices shall provide written |
---|
1802 | | - | notification to such board of such placement within two business days |
---|
1803 | | - | of the placement. Such local or regional board of education shall |
---|
1804 | | - | convene a planning and placement team meeting for such child within |
---|
1805 | | - | thirty days of the placement and shall invite a representative of the |
---|
1806 | | - | Department of Children and Families or offices of a government of a |
---|
1807 | | - | federally recognized Native American tribe to participate in such |
---|
1808 | | - | meeting. (A) The local or regional board of education under whose |
---|
1809 | | - | jurisdiction such child would otherwise be attending school shall be |
---|
1810 | | - | financially responsible for the reasonable costs of such special education |
---|
1811 | | - | and related services in an amount equal to the lesser of one hundred per |
---|
1812 | | - | cent of the costs of such education or the average per pupil educational |
---|
1813 | | - | costs of such board of education for the prior fiscal year, determined in |
---|
1814 | | - | accordance with the provisions of subsection (a) of section 10-76f. The |
---|
1815 | | - | State Board of Education shall pay on a current basis, except as provided |
---|
1816 | | - | in subdivision (3) of this subsection, any costs in excess of such local or |
---|
1817 | | - | regional board's basic contributions paid by such board of education in |
---|
1818 | | - | accordance with the provisions of this subdivision. (B) Whenever a child |
---|
1819 | | - | is placed pursuant to this subdivision, on or after July 1, 1995, by the |
---|
1820 | | - | Department of Children and Families and the local or regional board of |
---|
1821 | | - | education under whose jurisdiction such child would otherwise be |
---|
1822 | | - | attending school cannot be identified, the local or regional board of |
---|
1823 | | - | education under whose jurisdiction the child attended school or in |
---|
1824 | | - | whose district the child resided at the time of removal from the home |
---|
1825 | | - | by said department shall be responsible for the reasonable costs of |
---|
1826 | | - | special education and related services provided to such child, for one |
---|
1827 | | - | calendar year or until the child is committed to the state pursuant to |
---|
1828 | | - | section 46b-129 or 46b-140 or is returned to the child's parent or |
---|
1829 | | - | guardian, whichever is earlier. If the child remains in such placement |
---|
1830 | | - | beyond one calendar year the Department of Children and Families |
---|
1831 | | - | shall be responsible for such costs. During the period the local or House Bill No. 6671 |
---|
1832 | | - | |
---|
1833 | | - | Public Act No. 23-1 41 of 63 |
---|
1834 | | - | |
---|
1835 | | - | regional board of education is responsible for the reasonable cost of |
---|
1836 | | - | special education and related services pursuant to this subparagraph, |
---|
1837 | | - | the board shall be responsible for such costs in an amount equal to the |
---|
1838 | | - | lesser of one hundred per cent of the costs of such education and related |
---|
1839 | | - | services or the average per pupil educational costs of such board of |
---|
1840 | | - | education for the prior fiscal year, determined in accordance with the |
---|
1841 | | - | provisions of subsection (a) of section 10-76f. The State Board of |
---|
1842 | | - | Education shall pay on a current basis, except as provided in |
---|
1843 | | - | subdivision (3) of this subsection, any costs in excess of such local or |
---|
1844 | | - | regional board's basic contributions paid by such board of education in |
---|
1845 | | - | accordance with the provisions of this subdivision. The costs for services |
---|
1846 | | - | other than educational shall be paid by the state agency which placed |
---|
1847 | | - | the child. The provisions of this subdivision shall not apply to the school |
---|
1848 | | - | districts established within the Department of Children and Families, |
---|
1849 | | - | pursuant to section 17a-37 or the Department of Correction, pursuant to |
---|
1850 | | - | section 18-99a, provided in any case in which special education is being |
---|
1851 | | - | provided at a private residential institution, including the residential |
---|
1852 | | - | components of regional educational service centers, to a child for whom |
---|
1853 | | - | no local or regional board of education can be found responsible under |
---|
1854 | | - | subsection (b) of this section, Unified School District #2 shall provide |
---|
1855 | | - | the special education and related services and be financially responsible |
---|
1856 | | - | for the reasonable costs of such special education instruction for such |
---|
1857 | | - | children. Notwithstanding the provisions of this subdivision, for the |
---|
1858 | | - | fiscal years ending June 30, 2004, to June 30, 2007, inclusive, and for the |
---|
1859 | | - | fiscal [years] year ending June 30, 2010, [to June 30, 2023, inclusive] and |
---|
1860 | | - | each fiscal year thereafter, the amount of the grants payable to local or |
---|
1861 | | - | regional boards of education in accordance with this subdivision shall |
---|
1862 | | - | be [reduced proportionately] calculated in accordance with the |
---|
1863 | | - | provisions of subsections (d) and (e) of section 10-76g, as amended by |
---|
1864 | | - | this act, if the total of such grants in such year exceeds the amount |
---|
1865 | | - | appropriated for the purposes of this subdivision for such year. |
---|
1866 | | - | Sec. 10. Subsection (b) of section 10-253 of the general statutes is House Bill No. 6671 |
---|
1867 | | - | |
---|
1868 | | - | Public Act No. 23-1 42 of 63 |
---|
1869 | | - | |
---|
1870 | | - | repealed and the following is substituted in lieu thereof (Effective from |
---|
1871 | | - | passage): |
---|
1872 | | - | (b) The board of education of the school district under whose |
---|
1873 | | - | jurisdiction a child would otherwise be attending school shall be |
---|
1874 | | - | financially responsible for the reasonable costs of education for a child |
---|
1875 | | - | placed out by the Commissioner of Children and Families or by other |
---|
1876 | | - | agencies, including, but not limited to, offices of a government of a |
---|
1877 | | - | federally recognized Native American tribe, in a private residential |
---|
1878 | | - | facility when such child requires educational services other than special |
---|
1879 | | - | education services. Such financial responsibility shall be the lesser of |
---|
1880 | | - | one hundred per cent of the costs of such education or the average per |
---|
1881 | | - | pupil educational costs of such board of education for the prior fiscal |
---|
1882 | | - | year, determined in accordance with subsection (a) of section 10-76f. |
---|
1883 | | - | Any costs in excess of the board's basic contribution shall be paid by the |
---|
1884 | | - | State Board of Education on a current basis. The costs for services other |
---|
1885 | | - | than educational shall be paid by the state agency which placed the |
---|
1886 | | - | child. Application for the grant to be paid by the state for costs in excess |
---|
1887 | | - | of the local or regional board of education's basic contribution shall be |
---|
1888 | | - | made in accordance with the provisions of subdivision (5) of subsection |
---|
1889 | | - | (e) of section 10-76d. Notwithstanding the provisions of this subsection, |
---|
1890 | | - | for the fiscal years ending June 30, 2004, to June 30, 2007, inclusive, and |
---|
1891 | | - | for the fiscal [years] year ending June 30, 2010, [to June 30, 2023, |
---|
1892 | | - | inclusive] and each fiscal year thereafter, the amount of the grants |
---|
1893 | | - | payable to local or regional boards of education in accordance with this |
---|
1894 | | - | subsection shall be [reduced proportionately] calculated in accordance |
---|
1895 | | - | with the provisions of subsections (d) and (e) of section 10-76g, as |
---|
1896 | | - | amended by this act, if the total of such grants in such year exceeds the |
---|
1897 | | - | amount appropriated for the purposes of this subsection for such year. |
---|
1898 | | - | Sec. 11. Subdivisions (1) and (2) of section 22a-243 of the general |
---|
1899 | | - | statutes are repealed and the following is substituted in lieu thereof |
---|
1900 | | - | (Effective from passage): House Bill No. 6671 |
---|
1901 | | - | |
---|
1902 | | - | Public Act No. 23-1 43 of 63 |
---|
1903 | | - | |
---|
1904 | | - | (1) "Carbonated beverage" means beer or other malt beverages, hard |
---|
1905 | | - | seltzer, hard cider and mineral waters, soda water and similar |
---|
1906 | | - | carbonated soft drinks in liquid form and intended for human |
---|
1907 | | - | consumption. "Carbonated beverage" does not include any product that |
---|
1908 | | - | contains wine or spirits; |
---|
1909 | | - | (2) "Noncarbonated beverage" means any water, including flavored |
---|
1910 | | - | water, plant water, nutritionally enhanced water, juice, juice drink, tea, |
---|
1911 | | - | coffee, kombucha, plant infused drink, sports drink or energy drink and |
---|
1912 | | - | any beverage that is identified through the use of letters, words or |
---|
1913 | | - | symbols on such beverage's product label as a type of water, juice, tea, |
---|
1914 | | - | coffee, kombucha, plant infused drink, sports drink or energy drink but |
---|
1915 | | - | excluding mineral water. "Noncarbonated beverage" does not include |
---|
1916 | | - | any product that contains wine or spirits, any food for special dietary |
---|
1917 | | - | use, as defined in 21 USC 350(c)(3), or any medical food, as defined in |
---|
1918 | | - | 21 USC 360ee(b)(3); |
---|
1919 | | - | Sec. 12. Section 5-198 of the general statutes is repealed and the |
---|
1920 | | - | following is substituted in lieu thereof (Effective from passage): |
---|
1921 | | - | The offices and positions filled by the following-described |
---|
1922 | | - | incumbents shall be exempt from the classified service: |
---|
1923 | | - | (1) All officers and employees of the Judicial Department; |
---|
1924 | | - | (2) All officers and employees of the Legislative Department; |
---|
1925 | | - | (3) All officers elected by popular vote; |
---|
1926 | | - | (4) All agency heads, members of boards and commissions and other |
---|
1927 | | - | officers appointed by the Governor; |
---|
1928 | | - | (5) All persons designated by name in any special act to hold any state |
---|
1929 | | - | office; |
---|
1930 | | - | (6) All officers, noncommissioned officers and enlisted men in the House Bill No. 6671 |
---|
1931 | | - | |
---|
1932 | | - | Public Act No. 23-1 44 of 63 |
---|
1933 | | - | |
---|
1934 | | - | military or naval service of the state and under military or naval |
---|
1935 | | - | discipline and control; |
---|
1936 | | - | (7) (A) All correctional wardens, as provided in section 18-82, and (B) |
---|
1937 | | - | all superintendents of state institutions, the State Librarian, the |
---|
1938 | | - | president of The University of Connecticut and any other commissioner |
---|
1939 | | - | or administrative head of a state department or institution who is |
---|
1940 | | - | appointed by a board or commission responsible by statute for the |
---|
1941 | | - | administration of such department or institution; |
---|
1942 | | - | (8) The State Historian appointed by the State Library Board; |
---|
1943 | | - | (9) Deputies to the administrative head of each department or |
---|
1944 | | - | institution designated by statute to act for and perform all of the duties |
---|
1945 | | - | of such administrative head during such administrative head's absence |
---|
1946 | | - | or incapacity; |
---|
1947 | | - | (10) Executive assistants to each state elective officer and each |
---|
1948 | | - | department head, as defined in section 4-5, provided (A) each position |
---|
1949 | | - | of executive assistant shall have been created in accordance with section |
---|
1950 | | - | 5-214, and (B) in no event shall the Commissioner of Administrative |
---|
1951 | | - | Services or the Secretary of the Office of Policy and Management |
---|
1952 | | - | approve more than four executive assistants for a department head and, |
---|
1953 | | - | for any department with two or more deputies, more than two executive |
---|
1954 | | - | assistants for each such deputy; |
---|
1955 | | - | (11) One personal secretary to the administrative head and to each |
---|
1956 | | - | undersecretary or deputy to such head of each department or |
---|
1957 | | - | institution; |
---|
1958 | | - | (12) All members of the professional and technical staffs of the |
---|
1959 | | - | constituent units of the state system of higher education, as defined in |
---|
1960 | | - | section 10a-1, of all other state institutions of learning, of the Board of |
---|
1961 | | - | Regents for Higher Education, and of the agricultural experiment |
---|
1962 | | - | station at New Haven, professional and managerial employees of the House Bill No. 6671 |
---|
1963 | | - | |
---|
1964 | | - | Public Act No. 23-1 45 of 63 |
---|
1965 | | - | |
---|
1966 | | - | Department of Education and the Office of Early Childhood, teachers |
---|
1967 | | - | and administrators employed by the Technical Education and Career |
---|
1968 | | - | System and teachers certified by the State Board of Education and |
---|
1969 | | - | employed in teaching positions at state institutions; |
---|
1970 | | - | (13) Physicians, dentists, student nurses in institutions and other |
---|
1971 | | - | professional specialists who are employed on a part-time basis; |
---|
1972 | | - | (14) Persons employed to make or conduct a special inquiry, |
---|
1973 | | - | investigation, examination or installation; |
---|
1974 | | - | (15) Students in educational institutions who are employed on a part- |
---|
1975 | | - | time basis; |
---|
1976 | | - | (16) Forest fire wardens provided for by section 23-36; |
---|
1977 | | - | (17) Patients or inmates of state institutions who receive |
---|
1978 | | - | compensation for services rendered therein; |
---|
1979 | | - | (18) Employees of the Governor including employees working at the |
---|
1980 | | - | executive office, official executive residence at 990 Prospect Avenue, |
---|
1981 | | - | Hartford and the Washington D.C. office; |
---|
1982 | | - | (19) Persons filling positions expressly exempted by statute from the |
---|
1983 | | - | classified service; |
---|
1984 | | - | (20) Librarians employed by the State Board of Education or any |
---|
1985 | | - | constituent unit of the state system of higher education; |
---|
1986 | | - | (21) All officers and employees of the Division of Criminal Justice; |
---|
1987 | | - | (22) Professional employees in the education professions bargaining |
---|
1988 | | - | unit of the Department of Aging and Disability Services; |
---|
1989 | | - | (23) Lieutenant colonels in the Division of State Police within the |
---|
1990 | | - | Department of Emergency Services and Public Protection; House Bill No. 6671 |
---|
1991 | | - | |
---|
1992 | | - | Public Act No. 23-1 46 of 63 |
---|
1993 | | - | |
---|
1994 | | - | (24) The Deputy State Fire Marshal within the Department of |
---|
1995 | | - | Administrative Services; |
---|
1996 | | - | (25) The chief administrative officer of the Workers' Compensation |
---|
1997 | | - | Commission; |
---|
1998 | | - | (26) Employees in the education professions bargaining unit; |
---|
1999 | | - | (27) Disability policy specialists employed by the Council on |
---|
2000 | | - | Developmental Disabilities; |
---|
2001 | | - | (28) The director for digital media and motion picture activities in the |
---|
2002 | | - | Department of Economic and Community Development; and |
---|
2003 | | - | (29) Any Director of Communications 1, Director of Communications |
---|
2004 | | - | 1 (Rc), Director of Communications 2, Director of Communications 2 |
---|
2005 | | - | (Rc), Legislative Program Manager, Communications and Legislative |
---|
2006 | | - | Program Manager, Director of Legislation, Regulation and |
---|
2007 | | - | Communication, Legislative and Administrative Advisor 1, or |
---|
2008 | | - | Legislative and Administrative Advisor 2 as such positions are |
---|
2009 | | - | classified within the Executive Department. |
---|
2010 | | - | Sec. 13. Section 5-216 of the general statutes is repealed and the |
---|
2011 | | - | following is substituted in lieu thereof (Effective from passage): |
---|
2012 | | - | (a) The Commissioner of Administrative Services shall hold |
---|
2013 | | - | examinations for the purpose of establishing candidate lists for the |
---|
2014 | | - | various classes of positions in the classified service, except as provided |
---|
2015 | | - | in sections 5-227b and 5-233. Such examinations may be held on a |
---|
2016 | | - | continuous basis or at such time or times as the commissioner deems |
---|
2017 | | - | necessary to supply the needs of the state service. In establishing any |
---|
2018 | | - | candidate list following examinations, the commissioner shall place on |
---|
2019 | | - | the list, in the order of their ratings, the names of persons who show |
---|
2020 | | - | they possess the qualifications which entitle them to be considered |
---|
2021 | | - | eligible for appointment when a vacancy occurs in any position House Bill No. 6671 |
---|
2022 | | - | |
---|
2023 | | - | Public Act No. 23-1 47 of 63 |
---|
2024 | | - | |
---|
2025 | | - | allocated to the class for which such examination is held or for which |
---|
2026 | | - | such candidate list is held to be appropriate. Such ratings may take such |
---|
2027 | | - | form as the commissioner deems appropriate to describe the |
---|
2028 | | - | performance of any candidate on any examination. |
---|
2029 | | - | (b) Where the needs of the service indicate that continuous |
---|
2030 | | - | recruitment is justified, the commissioner may defer announcing a |
---|
2031 | | - | closing date for filing applications for the examination. Announcements |
---|
2032 | | - | of such examinations shall specify that recruitment is continuous and |
---|
2033 | | - | that applications may be filed until further notice. Such examination |
---|
2034 | | - | may be graded on a pass-fail basis in order to expedite certification and |
---|
2035 | | - | appointment. |
---|
2036 | | - | (c) The commissioner may consolidate, continue or cancel candidate |
---|
2037 | | - | lists and may remove names from such lists for good cause. The |
---|
2038 | | - | commissioner may apply an examination score from one examination |
---|
2039 | | - | to the candidate list established for another examination, provided such |
---|
2040 | | - | examinations are the same or equivalent forms of the same examination, |
---|
2041 | | - | such provision is publicized on appropriate examination notices and the |
---|
2042 | | - | candidate satisfies all other statutory requirements. |
---|
2043 | | - | (d) Upon written request from a candidate on a form and in a manner |
---|
2044 | | - | prescribed by the Department of Administrative Services, the |
---|
2045 | | - | commissioner shall apply the candidate's most recent score from an |
---|
2046 | | - | examination held for a promotional appointment, in accordance with |
---|
2047 | | - | subsection (b) or (c) of section 5-228, to the candidate list established for |
---|
2048 | | - | a subsequent examination for the same classification, provided: (1) The |
---|
2049 | | - | subsequent examination is in the same or equivalent form as the |
---|
2050 | | - | previous examination; (2) such provision is publicized on appropriate |
---|
2051 | | - | examination notices; (3) the candidate satisfies all other requirements |
---|
2052 | | - | for the classification and the examination; and (4) not more than seven |
---|
2053 | | - | years have elapsed from the date of the candidate's most recent |
---|
2054 | | - | examination. House Bill No. 6671 |
---|
2055 | | - | |
---|
2056 | | - | Public Act No. 23-1 48 of 63 |
---|
2057 | | - | |
---|
2058 | | - | (e) Nothing in this section shall prevent the department from |
---|
2059 | | - | applying scores from one examination to the candidate list established |
---|
2060 | | - | for a subsequent examination for the same classification, provided: (1) |
---|
2061 | | - | Such examinations are in the same or equivalent forms; (2) such |
---|
2062 | | - | provision is publicized on appropriate examination notices; and (3) the |
---|
2063 | | - | candidates on the list satisfy all other requirements for the classification |
---|
2064 | | - | and the examination. |
---|
2065 | | - | (f) The provisions of subsections (d) and (e) of this section shall not |
---|
2066 | | - | apply to any promotional examination held for classifications in the |
---|
2067 | | - | department's police-protective services occupational group. |
---|
2068 | | - | (g) Notwithstanding any provision of the general statutes, upon a |
---|
2069 | | - | finding by the commissioner that the posting of job openings is |
---|
2070 | | - | warranted to provide regular, updated candidate pools for specific |
---|
2071 | | - | examined and nonexamined positions, the commissioner may place the |
---|
2072 | | - | names of persons on a candidate list for the various classes of positions |
---|
2073 | | - | in the classified service. |
---|
2074 | | - | Sec. 14. Section 3-20 of the general statutes is amended by adding |
---|
2075 | | - | subsection (bb) as follows (Effective July 1, 2023): |
---|
2076 | | - | (NEW) (bb) (1) For each fiscal year during the period for which the |
---|
2077 | | - | pledge and undertaking under this subsection is in effect pursuant to |
---|
2078 | | - | subdivisions (3) and (4) of this subsection, the state of Connecticut shall |
---|
2079 | | - | comply with the provisions of (A) section 4-30a of the general statutes, |
---|
2080 | | - | revision of 1958, revised to January 1, 2023, as amended by section 15 of |
---|
2081 | | - | this act, (B) section 2-33a of the general statutes, revision of 1958, revised |
---|
2082 | | - | to January 1, 2023, (C) section 2-33c of the general statutes, revision of |
---|
2083 | | - | 1958, revised to January 1, 2023, as amended by section 16 of this act, (D) |
---|
2084 | | - | subsections (d) and (g) of this section, revision of 1958, revised to |
---|
2085 | | - | January 1, 2023, as amended by section 17 of this act, and (E) section 3- |
---|
2086 | | - | 21 of the general statutes, revision of 1958, revised to January 1, 2023, as |
---|
2087 | | - | amended by section 18 of this act. House Bill No. 6671 |
---|
2088 | | - | |
---|
2089 | | - | Public Act No. 23-1 49 of 63 |
---|
2090 | | - | |
---|
2091 | | - | (2) The state of Connecticut does hereby pledge to and agree with the |
---|
2092 | | - | holders of any bonds, notes and other obligations issued pursuant to |
---|
2093 | | - | subdivision (3) of this subsection that no public or special act of the |
---|
2094 | | - | General Assembly taking effect (A) on or after July 1, 2023, and prior to |
---|
2095 | | - | July 1, 2028, and, (B) subject to the provisions of subdivision (4) of this |
---|
2096 | | - | subsection, on or after July 1, 2028, and prior to July 1, 2033, shall alter |
---|
2097 | | - | the obligation to comply with the provisions of the sections and |
---|
2098 | | - | subsections set forth in subparagraphs (A) to (E), inclusive, of |
---|
2099 | | - | subdivision (1) of this subsection, during the period for which the |
---|
2100 | | - | pledge and undertaking is in effect pursuant to subdivisions (3) and (4) |
---|
2101 | | - | of this subsection, provided nothing in this subsection shall preclude |
---|
2102 | | - | such alteration (i) if and when adequate provision shall be made by law |
---|
2103 | | - | for the protection of the holders of such bonds, or (ii) (I) if and when the |
---|
2104 | | - | Governor declares an emergency or the existence of extraordinary |
---|
2105 | | - | circumstances, in which the provisions of section 4-85 are invoked, (II) |
---|
2106 | | - | at least three-fifths of the members of each chamber of the General |
---|
2107 | | - | Assembly vote to alter such required compliance during the fiscal year |
---|
2108 | | - | for which the emergency or existence of extraordinary circumstances are |
---|
2109 | | - | determined, and (III) any such alteration is for the fiscal year in progress |
---|
2110 | | - | only. |
---|
2111 | | - | (3) The Treasurer shall include the pledge and undertaking described |
---|
2112 | | - | in subdivisions (1) and (2) of this subsection in general obligation bonds |
---|
2113 | | - | and credit revenue bonds issued on or after July 1, 2023, and prior to |
---|
2114 | | - | July 1, 2025, and such pledge and undertaking (A) shall be in effect |
---|
2115 | | - | through June 30, 2028, or, subject to the provisions of subdivision (4) of |
---|
2116 | | - | this subsection, through June 30, 2033, and (B) shall not apply to |
---|
2117 | | - | refunding bonds issued for bonds issued under this subdivision. |
---|
2118 | | - | (4) The pledge and undertaking described in subdivisions (1) and (2) |
---|
2119 | | - | of this subsection shall be in effect for the period set forth in |
---|
2120 | | - | subparagraph (B) of subdivision (2) of this subsection unless the General |
---|
2121 | | - | Assembly adopts a resolution on or after January 1, 2028, but prior to House Bill No. 6671 |
---|
2122 | | - | |
---|
2123 | | - | Public Act No. 23-1 50 of 63 |
---|
2124 | | - | |
---|
2125 | | - | July 1, 2028, not to continue such pledge and undertaking beyond June |
---|
2126 | | - | 30, 2028. |
---|
2127 | | - | Sec. 15. Section 4-30a of the general statutes is repealed and the |
---|
2128 | | - | following is substituted in lieu thereof (Effective July 1, 2023): |
---|
2129 | | - | (a) (1) All revenue in excess of three billion one hundred fifty million |
---|
2130 | | - | dollars received by the state each fiscal year from estimated and final |
---|
2131 | | - | payments of the personal income tax imposed under chapter 229 and |
---|
2132 | | - | the affected business entity tax imposed under section 12-699 shall be |
---|
2133 | | - | transferred by the Treasurer to a special fund to be known as the Budget |
---|
2134 | | - | Reserve Fund. On and after July 1, 2018, the threshold amount shall be |
---|
2135 | | - | adjusted annually by the compound annual growth rate of personal |
---|
2136 | | - | income in the state over the preceding five calendar years, using data |
---|
2137 | | - | reported by United States Bureau of Economic Analysis. |
---|
2138 | | - | (2) The General Assembly may amend the threshold amount of three |
---|
2139 | | - | billion one hundred fifty million dollars, by vote of at least three-fifths |
---|
2140 | | - | of the members of each house of the General Assembly, due to changes |
---|
2141 | | - | in state or federal tax law or policy or significant adjustments to |
---|
2142 | | - | economic growth or tax collections. |
---|
2143 | | - | (b) After the accounts for the General Fund have been closed for each |
---|
2144 | | - | fiscal year and the Comptroller has determined the amount of |
---|
2145 | | - | unappropriated surplus in said fund, after any amounts required by |
---|
2146 | | - | provision of law to be transferred for other purposes have been |
---|
2147 | | - | deducted, the amount of such surplus shall be transferred by the |
---|
2148 | | - | Treasurer to the Budget Reserve Fund. |
---|
2149 | | - | (c) (1) (A) [Whenever] Prior to July 1, 2024, whenever the amount in |
---|
2150 | | - | the Budget Reserve Fund equals fifteen per cent of the net General Fund |
---|
2151 | | - | appropriations for the current fiscal year, no further transfers shall be |
---|
2152 | | - | made by the Treasurer to the Budget Reserve Fund and the amount of |
---|
2153 | | - | such funds in excess of that transferred to said fund shall be deemed to House Bill No. 6671 |
---|
2154 | | - | |
---|
2155 | | - | Public Act No. 23-1 51 of 63 |
---|
2156 | | - | |
---|
2157 | | - | be appropriated, as selected by the Treasurer in the best interests of the |
---|
2158 | | - | state, to (i) the State Employees Retirement Fund, in addition to the |
---|
2159 | | - | contributions required pursuant to section 5-156a, but not exceeding |
---|
2160 | | - | five per cent of the unfunded past service liability of the state employees |
---|
2161 | | - | retirement system as set forth in the most recent actuarial valuation |
---|
2162 | | - | certified by the State Employee Retirement Commission, or (ii) the |
---|
2163 | | - | Teachers' Retirement Fund, in addition to the payments required |
---|
2164 | | - | pursuant to section 10-183z, but not exceeding five per cent of the |
---|
2165 | | - | unfunded past service liability of the teachers' retirement system as set |
---|
2166 | | - | forth in the most recent actuarial valuation prepared for the Teachers' |
---|
2167 | | - | Retirement Board. |
---|
2168 | | - | (B) On and after July 1, 2024, whenever the amount in the Budget |
---|
2169 | | - | Reserve Fund equals fifteen per cent or more but less than eighteen per |
---|
2170 | | - | cent of the net General Fund appropriations for the current fiscal year, |
---|
2171 | | - | (i) fifty per cent of the amount of such surplus in excess of that |
---|
2172 | | - | transferred to the Budget Reserve Fund shall be transferred to said fund, |
---|
2173 | | - | to a maximum amount in said fund of eighteen per cent of the net |
---|
2174 | | - | General Fund appropriations for the current fiscal year, and (ii) fifty per |
---|
2175 | | - | cent of the amount of such surplus shall be deemed to be appropriated, |
---|
2176 | | - | as selected by the Treasurer in the best interests of the state, to (I) the |
---|
2177 | | - | State Employees Retirement Fund, in addition to the contributions |
---|
2178 | | - | required pursuant to section 5-156a, but not exceeding five per cent of |
---|
2179 | | - | the unfunded past service liability of the state employees retirement |
---|
2180 | | - | system as set forth in the most recent actuarial valuation certified by the |
---|
2181 | | - | State Employee Retirement Commission, or (II) the Teachers' |
---|
2182 | | - | Retirement Fund, in addition to the payments required pursuant to |
---|
2183 | | - | section 10-183z, but not exceeding five per cent of the unfunded past |
---|
2184 | | - | service liability of the teachers' retirement system as set forth in the most |
---|
2185 | | - | recent actuarial valuation prepared for the Teachers' Retirement Board. |
---|
2186 | | - | (C) On and after July 1, 2024, whenever the amount in the Budget |
---|
2187 | | - | Reserve Fund equals eighteen per cent of the net General Fund House Bill No. 6671 |
---|
2188 | | - | |
---|
2189 | | - | Public Act No. 23-1 52 of 63 |
---|
2190 | | - | |
---|
2191 | | - | appropriations for the current fiscal year, no further transfers shall be |
---|
2192 | | - | made by the Treasurer to the Budget Reserve Fund and the amount of |
---|
2193 | | - | such funds in excess of that transferred to said fund shall be deemed to |
---|
2194 | | - | be appropriated, as selected by the Treasurer in the best interests of the |
---|
2195 | | - | state, to (i) the State Employees Retirement Fund, in addition to the |
---|
2196 | | - | contributions required pursuant to section 5-156a, but not exceeding |
---|
2197 | | - | five per cent of the unfunded past service liability of the state employees |
---|
2198 | | - | retirement system as set forth in the most recent actuarial valuation |
---|
2199 | | - | certified by the State Employee Retirement Commission, or (ii) the |
---|
2200 | | - | Teachers' Retirement Fund, in addition to the payments required |
---|
2201 | | - | pursuant to section 10-183z, but not exceeding five per cent of the |
---|
2202 | | - | unfunded past service liability of the teachers' retirement system as set |
---|
2203 | | - | forth in the most recent actuarial valuation prepared for the Teachers' |
---|
2204 | | - | Retirement Board. |
---|
2205 | | - | [(B)] (d) Any surplus in excess of the amounts transferred to the |
---|
2206 | | - | Budget Reserve Fund and the state employees retirement system or the |
---|
2207 | | - | teachers' retirement system, as applicable, shall be deemed to be |
---|
2208 | | - | appropriated for: [(i)] (1) Redeeming prior to maturity any outstanding |
---|
2209 | | - | indebtedness of the state selected by the Treasurer in the best interests |
---|
2210 | | - | of the state; [(ii)] (2) purchasing outstanding indebtedness of the state in |
---|
2211 | | - | the open market at such prices and on such terms and conditions as the |
---|
2212 | | - | Treasurer shall determine to be in the best interests of the state for the |
---|
2213 | | - | purpose of extinguishing or defeasing such debt; [(iii)] (3) providing for |
---|
2214 | | - | the defeasance of any outstanding indebtedness of the state selected by |
---|
2215 | | - | the Treasurer in the best interests of the state by irrevocably placing with |
---|
2216 | | - | an escrow agent in trust an amount to be used solely for, and sufficient |
---|
2217 | | - | to satisfy, scheduled payments of both interest and principal on such |
---|
2218 | | - | indebtedness; [(iv)] (4) making additional payments towards unfunded |
---|
2219 | | - | past service liability of the state employees retirement system or of the |
---|
2220 | | - | teachers' retirement system, as selected by the Treasurer in the best |
---|
2221 | | - | interests of the state; [,] or [(v)] (5) any combination of these methods. |
---|
2222 | | - | Pending the use or application of such amount for the payment of House Bill No. 6671 |
---|
2223 | | - | |
---|
2224 | | - | Public Act No. 23-1 53 of 63 |
---|
2225 | | - | |
---|
2226 | | - | interest and principal, such amount may be invested in [(I)] (A) direct |
---|
2227 | | - | obligations of the United States government, including state and local |
---|
2228 | | - | government treasury securities that the United States Treasury issues |
---|
2229 | | - | specifically to provide state and local governments with required cash |
---|
2230 | | - | flows at yields that do not exceed Internal Revenue Service arbitrage |
---|
2231 | | - | limits, [(II)] (B) obligations guaranteed by the United States government, |
---|
2232 | | - | and [(III)] (C) securities backed by United States government obligations |
---|
2233 | | - | as collateral and for which interest and principal payments on the |
---|
2234 | | - | collateral generally flow immediately through to the security holder. |
---|
2235 | | - | [(2)] (e) Whenever the amount in the Budget Reserve Fund equals five |
---|
2236 | | - | per cent or more of the net General Fund appropriations for the current |
---|
2237 | | - | fiscal year, the General Assembly may transfer funds in excess of the |
---|
2238 | | - | five per cent threshold from the Budget Reserve Fund, for the purpose |
---|
2239 | | - | of paying unfunded past service liability of the state employees |
---|
2240 | | - | retirement system or of the teachers' retirement system as the General |
---|
2241 | | - | Assembly, in consultation with the Treasurer, determines to be in the |
---|
2242 | | - | best interests of the state. Such payments shall be in addition to any |
---|
2243 | | - | other contributions or payments required pursuant to section 5-156a or |
---|
2244 | | - | 10-183z or [subdivision (1)] subsections (c) and (d) of this section. |
---|
2245 | | - | [(d)] (f) Moneys in the Budget Reserve Fund shall be expended only |
---|
2246 | | - | as provided in this subsection and [subdivision (2) of] subsection [(c)] |
---|
2247 | | - | (e) of this section. |
---|
2248 | | - | (1) Whenever in any fiscal year the Comptroller has determined the |
---|
2249 | | - | amount of a deficit applicable with respect to the immediately preceding |
---|
2250 | | - | fiscal year, to the extent necessary, the amount of funds credited to the |
---|
2251 | | - | Budget Reserve Fund shall be deemed to be appropriated for purposes |
---|
2252 | | - | of funding such deficit. |
---|
2253 | | - | (2) The General Assembly may transfer funds from the Budget |
---|
2254 | | - | Reserve Fund to the General Fund if any consensus revenue estimate |
---|
2255 | | - | maintained or revised pursuant to section 2-36c for the current House Bill No. 6671 |
---|
2256 | | - | |
---|
2257 | | - | Public Act No. 23-1 54 of 63 |
---|
2258 | | - | |
---|
2259 | | - | biennium projects a decline in General Fund revenues for the current |
---|
2260 | | - | biennium of one per cent or more from the total amount of General Fund |
---|
2261 | | - | estimated revenue on which the budget act or any adjusted |
---|
2262 | | - | appropriation and revenue plan, enacted by the General Assembly for |
---|
2263 | | - | the current biennium, was based. Any such transfer may be made at any |
---|
2264 | | - | time during the remainder of the current biennium. |
---|
2265 | | - | (3) The General Assembly may transfer funds from the Budget |
---|
2266 | | - | Reserve Fund to the General Fund if the consensus revenue estimate |
---|
2267 | | - | maintained or revised not later than April thirtieth annually pursuant |
---|
2268 | | - | to section 2-36c projects a decline in General Fund revenues, in either |
---|
2269 | | - | year or both years of the biennium immediately following such |
---|
2270 | | - | consensus revenue estimate, of one per cent or more from the total of |
---|
2271 | | - | General Fund appropriations for the current year. Any such transfer |
---|
2272 | | - | shall be made in the fiscal year for which such deficit is projected. |
---|
2273 | | - | [(e)] (g) The Treasurer is authorized to invest all or any part of said |
---|
2274 | | - | fund in accordance with the provisions of section 3-31a. The interest |
---|
2275 | | - | derived from the investment of said fund shall be credited to the General |
---|
2276 | | - | Fund. |
---|
2277 | | - | Sec. 16. Section 2-33c of the general statutes is repealed and the |
---|
2278 | | - | following is substituted in lieu thereof (Effective July 1, 2023): |
---|
2279 | | - | (a) In addition to the provisions of section 2-33a, on and after July 1, |
---|
2280 | | - | 2019, except as provided in subsection (b) of this section, the General |
---|
2281 | | - | Assembly shall not authorize General Fund and Special Transportation |
---|
2282 | | - | Fund appropriations for any fiscal year in an amount that, in the |
---|
2283 | | - | aggregate, exceeds the percentage of the statement of estimated revenue |
---|
2284 | | - | passed pursuant to subsection (b) of section 2-35 for each fiscal year |
---|
2285 | | - | indicated as follows: |
---|
2286 | | - | Fiscal Year Ending June 30, Percentage of Estimated Revenue House Bill No. 6671 |
---|
2287 | | - | |
---|
2288 | | - | Public Act No. 23-1 55 of 63 |
---|
2289 | | - | |
---|
2290 | | - | 2020 99.5 |
---|
2291 | | - | 2021 99.25 |
---|
2292 | | - | 2022 99 |
---|
2293 | | - | 2023, and each 98.75 |
---|
2294 | | - | fiscal year thereafter |
---|
2295 | | - | [2024 98.5 |
---|
2296 | | - | 2025 98.25 |
---|
2297 | | - | 2026, and each 98 |
---|
2298 | | - | fiscal year thereafter] |
---|
2299 | | - | |
---|
2300 | | - | (b) The General Assembly may authorize General Fund and Special |
---|
2301 | | - | Transportation Fund appropriations for any fiscal year in an amount |
---|
2302 | | - | that, in the aggregate, exceeds the percentage of estimated revenue |
---|
2303 | | - | specified in subsection (a) of this section for such fiscal year, if: |
---|
2304 | | - | (1) (A) The Governor declares an emergency or the existence of |
---|
2305 | | - | extraordinary circumstances and at least three-fifths of the members of |
---|
2306 | | - | each house of the General Assembly vote to exceed such percentage for |
---|
2307 | | - | the purposes of such emergency or extraordinary circumstances, and (B) |
---|
2308 | | - | any such appropriation is for the fiscal year in progress only. Any such |
---|
2309 | | - | declaration shall specify the nature of such emergency or circumstances; |
---|
2310 | | - | or |
---|
2311 | | - | (2) Each house of the General Assembly approves by majority vote |
---|
2312 | | - | any such appropriation for purposes of an adjusted appropriation and |
---|
2313 | | - | revenue plan. |
---|
2314 | | - | Sec. 17. Subdivision (2) of subsection (d) of section 3-20 of the general |
---|
2315 | | - | statutes is repealed and the following is substituted in lieu thereof |
---|
2316 | | - | (Effective July 1, 2023): |
---|
2317 | | - | (2) [For the calendar year commencing] (A) Commencing January 1, House Bill No. 6671 |
---|
2318 | | - | |
---|
2319 | | - | Public Act No. 23-1 56 of 63 |
---|
2320 | | - | |
---|
2321 | | - | 2017, and [for each calendar year thereafter] through June 30, 2023, the |
---|
2322 | | - | State Bond Commission may not authorize bond issuances or credit |
---|
2323 | | - | revenue bond issuances of more than two billion dollars in the aggregate |
---|
2324 | | - | in any calendar year. Commencing January 1, 2018, and [each calendar |
---|
2325 | | - | year thereafter] through June 30, 2023, the aggregate limit shall be |
---|
2326 | | - | adjusted in accordance with any change in the consumer price index for |
---|
2327 | | - | all urban consumers for the preceding calendar year, less food and |
---|
2328 | | - | energy, as published by the United States Department of Labor, Bureau |
---|
2329 | | - | of Labor Statistics. [In computing such aggregate amount at any time, |
---|
2330 | | - | there shall be excluded or deducted, as the case may be, any |
---|
2331 | | - | indebtedness authorized pursuant to section 3-21aa.] |
---|
2332 | | - | (B) For the fiscal year commencing July 1, 2023, and for each fiscal |
---|
2333 | | - | year thereafter, the State Bond Commission may not authorize bond |
---|
2334 | | - | issuances or credit revenue bond issuances of more than two billion four |
---|
2335 | | - | hundred million dollars in the aggregate in any fiscal year. |
---|
2336 | | - | Commencing July 1, 2024, and each fiscal year thereafter, the aggregate |
---|
2337 | | - | limit shall be adjusted in accordance with any change in the consumer |
---|
2338 | | - | price index for all urban consumers for the preceding calendar year, less |
---|
2339 | | - | food and energy, as published by the United States Department of |
---|
2340 | | - | Labor, Bureau of Labor Statistics. |
---|
2341 | | - | Sec. 18. Section 3-21 of the general statutes is repealed and the |
---|
2342 | | - | following is substituted in lieu thereof (Effective July 1, 2023): |
---|
2343 | | - | (a) (1) No bonds, notes or other evidences of indebtedness for |
---|
2344 | | - | borrowed money payable from General Fund tax receipts of the state |
---|
2345 | | - | shall be authorized by the General Assembly or issued except such as |
---|
2346 | | - | shall not cause the aggregate amount of the total amount of bonds, notes |
---|
2347 | | - | or other evidences of indebtedness payable from General Fund tax |
---|
2348 | | - | receipts authorized by the General Assembly but which have not been |
---|
2349 | | - | issued and the total amount of such indebtedness which has been issued |
---|
2350 | | - | and remains outstanding to exceed one and six-tenths times the total |
---|
2351 | | - | General Fund tax receipts of the state for the fiscal year in which any House Bill No. 6671 |
---|
2352 | | - | |
---|
2353 | | - | Public Act No. 23-1 57 of 63 |
---|
2354 | | - | |
---|
2355 | | - | such authorization will become effective or in which such indebtedness |
---|
2356 | | - | is issued, as estimated for such fiscal year by the joint standing |
---|
2357 | | - | committee of the General Assembly having cognizance of finance, |
---|
2358 | | - | revenue and bonding in accordance with section 2-35. Credit revenue |
---|
2359 | | - | bonds issued pursuant to section 3-20j shall be considered as payable |
---|
2360 | | - | from General Fund tax receipts of the state for purposes of this |
---|
2361 | | - | subsection. [In] |
---|
2362 | | - | (2) In computing the amount of outstanding indebtedness, only the |
---|
2363 | | - | accreted value of any capital appreciation obligation or any zero coupon |
---|
2364 | | - | obligation that has accreted and been added to the stated initial value of |
---|
2365 | | - | such obligation as of the date of any computation shall be included and |
---|
2366 | | - | in computing [such] the aggregate amount of indebtedness at any time, |
---|
2367 | | - | there shall be excluded or deducted, as the case may be: [,] |
---|
2368 | | - | [(1) the] (A) The principal amount of all such obligations as may be |
---|
2369 | | - | certified by the Treasurer [(A)] (i) as issued in anticipation of revenues |
---|
2370 | | - | to be received by the state during the period of twelve calendar months |
---|
2371 | | - | next following their issuance and to be paid by application of such |
---|
2372 | | - | revenue, or [(B)] (ii) as having been refunded or replaced by other |
---|
2373 | | - | indebtedness the proceeds and projected earnings on which or other |
---|
2374 | | - | funds are held in escrow to pay and are sufficient to pay the principal, |
---|
2375 | | - | interest and any redemption premium until maturity or earlier planned |
---|
2376 | | - | redemption of such indebtedness, or [(C)] (iii) as issued and outstanding |
---|
2377 | | - | in anticipation of particular bonds then unissued but fully authorized to |
---|
2378 | | - | be issued in the manner provided by law for such authorization, |
---|
2379 | | - | provided, as long as any of such obligations are outstanding, the entire |
---|
2380 | | - | principal amount of such particular bonds thus authorized shall be |
---|
2381 | | - | deemed to be outstanding and be included in such aggregate amount of |
---|
2382 | | - | indebtedness, or [(D)] (iv) as payable solely from revenues of particular |
---|
2383 | | - | public improvements; [,] |
---|
2384 | | - | [(2) the] (B) The amount [which] that may be certified by the |
---|
2385 | | - | Treasurer as the aggregate value of cash and securities in debt House Bill No. 6671 |
---|
2386 | | - | |
---|
2387 | | - | Public Act No. 23-1 58 of 63 |
---|
2388 | | - | |
---|
2389 | | - | retirement funds of the state to be used to meet principal of outstanding |
---|
2390 | | - | obligations included in such aggregate amount of indebtedness; [,] |
---|
2391 | | - | [(3) every] (C) Every such amount as may be certified by the Secretary |
---|
2392 | | - | of the Office of Policy and Management as the estimated payments on |
---|
2393 | | - | account of the costs of any public work or improvement thereafter to be |
---|
2394 | | - | received by the state from the United States or agencies thereof and to |
---|
2395 | | - | be used, in conformity with applicable federal law, to meet principal of |
---|
2396 | | - | obligations included in such aggregate amount of indebtedness; [,] |
---|
2397 | | - | [(4) all] (D) All authorized and issued indebtedness to fund any |
---|
2398 | | - | budget deficits of the state for any fiscal year; [ending on or before June |
---|
2399 | | - | 30, 1991,] |
---|
2400 | | - | [(5) all] (E) All authorized indebtedness to fund the program created |
---|
2401 | | - | pursuant to section 32-285; [,] |
---|
2402 | | - | [(6) all authorized and issued indebtedness to fund any budget |
---|
2403 | | - | deficits of the state for any fiscal year ending on or before June 30, 2002,] |
---|
2404 | | - | [(7) all] (F) All indebtedness authorized and issued pursuant to |
---|
2405 | | - | section 1 of public act 03-1 of the September 8 special session; [,] |
---|
2406 | | - | [(8) all] (G) All authorized indebtedness issued pursuant to section 3- |
---|
2407 | | - | 62h; [,] |
---|
2408 | | - | [(9) any] (H) Any indebtedness represented by any agreement |
---|
2409 | | - | entered into pursuant to subsection (b) or (c) of section 3-20a as certified |
---|
2410 | | - | by the Treasurer, provided the indebtedness in connection with which |
---|
2411 | | - | such agreements were entered into shall be included in such aggregate |
---|
2412 | | - | amount of indebtedness; [,] |
---|
2413 | | - | [(10) all indebtedness authorized and issued pursuant to section 3- |
---|
2414 | | - | 20g, and] |
---|
2415 | | - | [(11) any indebtedness authorized pursuant to section 3-21aa] (I) Any House Bill No. 6671 |
---|
2416 | | - | |
---|
2417 | | - | Public Act No. 23-1 59 of 63 |
---|
2418 | | - | |
---|
2419 | | - | accumulated deficit as determined on the basis of generally accepted |
---|
2420 | | - | accounting principles, as prescribed by the Governmental Accounting |
---|
2421 | | - | Standards Board; |
---|
2422 | | - | (J) Any indebtedness authorized pursuant to any section of the |
---|
2423 | | - | general statutes or any public or special act that is by its terms not in |
---|
2424 | | - | effect until a future date, provided such indebtedness shall be included |
---|
2425 | | - | from the date such authorization is in effect; and |
---|
2426 | | - | (K) All indebtedness authorized and issued pursuant to a declaration |
---|
2427 | | - | by the Governor of an emergency or the existence of extraordinary |
---|
2428 | | - | circumstances and for which at least three-fifths of the members of each |
---|
2429 | | - | house of the General Assembly has voted to authorize such |
---|
2430 | | - | indebtedness. [In computing the amount of outstanding indebtedness, |
---|
2431 | | - | only the accreted value of any capital appreciation obligation or any |
---|
2432 | | - | zero coupon obligation which has accreted and been added to the stated |
---|
2433 | | - | initial value of such obligation as of the date of any computation shall |
---|
2434 | | - | be included.] |
---|
2435 | | - | (b) The foregoing limitation on the aggregate amount of indebtedness |
---|
2436 | | - | of the state shall not prevent the issuance of (1) obligations to refund or |
---|
2437 | | - | replace any such indebtedness existing at any time in an amount not |
---|
2438 | | - | exceeding such existing indebtedness, or (2) obligations in anticipation |
---|
2439 | | - | of revenues to be received by the state during the period of twelve |
---|
2440 | | - | calendar months next following their issuance, or (3) obligations |
---|
2441 | | - | payable solely from revenues of particular public improvements. |
---|
2442 | | - | (c) For the purposes of this section, but subject to the exclusions or |
---|
2443 | | - | deductions herein provided for, the state shall be deemed to be indebted |
---|
2444 | | - | upon, and to issue, all bonds and notes issued or guaranteed by it and |
---|
2445 | | - | payable from General Fund tax receipts. To the extent necessary because |
---|
2446 | | - | of the debt limitation herein provided, priorities with respect to the |
---|
2447 | | - | issuance or guaranteeing of bonds or notes by the state shall be |
---|
2448 | | - | determined by the State Bond Commission. House Bill No. 6671 |
---|
2449 | | - | |
---|
2450 | | - | Public Act No. 23-1 60 of 63 |
---|
2451 | | - | |
---|
2452 | | - | (d) The General Assembly shall not approve any bill [which] that |
---|
2453 | | - | authorizes the issuance of any bonds, notes or other evidences of |
---|
2454 | | - | indebtedness unless such bill has attached to it a certification by the |
---|
2455 | | - | Treasurer that the amount of authorizations within the bill will not |
---|
2456 | | - | cause the total amount of indebtedness calculated in accordance with |
---|
2457 | | - | this section to exceed the limit for indebtedness set forth in this section. |
---|
2458 | | - | The president pro tempore of the Senate or the speaker of the House of |
---|
2459 | | - | Representatives, or their designees, shall notify the Treasurer prior to |
---|
2460 | | - | consideration of such bill in the first chamber. |
---|
2461 | | - | (e) The State Bond Commission shall not adopt any resolution |
---|
2462 | | - | [which] that authorizes the issuance of any bonds, notes or other |
---|
2463 | | - | evidences of indebtedness unless such resolution has attached to it a |
---|
2464 | | - | certification by the Treasurer that the amount of such authorization will |
---|
2465 | | - | not cause the total amount of indebtedness calculated in accordance |
---|
2466 | | - | with this section to exceed the limit for indebtedness set forth in this |
---|
2467 | | - | section. |
---|
2468 | | - | (f) (1) (A) On and after July 1, 2018, and prior to July 1, 2023, the |
---|
2469 | | - | Treasurer may not issue general obligation bonds or notes pursuant to |
---|
2470 | | - | section 3-20, as amended by this act, or credit revenue bonds pursuant |
---|
2471 | | - | to section 3-20j that exceed in the aggregate one billion nine hundred |
---|
2472 | | - | million dollars in any fiscal year. Commencing July 1, 2019, and [each |
---|
2473 | | - | fiscal year thereafter] through June 30, 2023, the aggregate limit shall be |
---|
2474 | | - | adjusted in accordance with any change in the consumer price index for |
---|
2475 | | - | all urban consumers for the preceding calendar year, less food and |
---|
2476 | | - | energy, as published by the United States Department of Labor, Bureau |
---|
2477 | | - | of Labor Statistics. |
---|
2478 | | - | (B) For the fiscal year commencing July 1, 2023, and for each fiscal |
---|
2479 | | - | year thereafter, the Treasurer may not issue general obligation bonds or |
---|
2480 | | - | notes pursuant to section 3-20, as amended by this act, or credit revenue |
---|
2481 | | - | bonds pursuant to section 3-20j that exceed in the aggregate of two |
---|
2482 | | - | billion four hundred million dollars in the aggregate in any fiscal year. House Bill No. 6671 |
---|
2483 | | - | |
---|
2484 | | - | Public Act No. 23-1 61 of 63 |
---|
2485 | | - | |
---|
2486 | | - | Commencing July 1, 2024, and each fiscal year thereafter, the aggregate |
---|
2487 | | - | limit shall be adjusted in accordance with any change in the consumer |
---|
2488 | | - | price index for all urban consumers for the preceding calendar year, less |
---|
2489 | | - | food and energy, as published by the United States Department of |
---|
2490 | | - | Labor, Bureau of Labor Statistics. |
---|
2491 | | - | [(B)] (2) Any calculation made pursuant to [subparagraph (A) of this] |
---|
2492 | | - | subdivision (1) of this subsection shall not include [(i)] (A) any general |
---|
2493 | | - | obligation bonds issued as part of CSCU 2020, as defined in subdivision |
---|
2494 | | - | (3) of section 10a-91c, or UConn 2000, as defined in subdivision (25) of |
---|
2495 | | - | section 10a-109c, [(ii)] (B) any bonds, notes or other evidences of |
---|
2496 | | - | indebtedness for borrowed money which are issued for the purpose of |
---|
2497 | | - | refunding other bonds, notes or other evidences of indebtedness, [(iii)] |
---|
2498 | | - | or (C) obligations in anticipation of revenues to be received by the state |
---|
2499 | | - | during the twelve calendar months next following their issuance. [, or |
---|
2500 | | - | (iv) any indebtedness authorized pursuant to section 3-21aa. |
---|
2501 | | - | (2) (A) Not later than January 1, 2018, and January first annually |
---|
2502 | | - | thereafter, the Treasurer shall provide the Governor with a list of |
---|
2503 | | - | allocated but unissued bonds. The Governor shall post such list on the |
---|
2504 | | - | Internet web site of the office of the Governor. |
---|
2505 | | - | (B) Notwithstanding section 4-85, the Governor shall not approve |
---|
2506 | | - | allotment requisitions pursuant to said section that would result in the |
---|
2507 | | - | issuance of general obligation bonds or notes pursuant to section 3-20 |
---|
2508 | | - | or credit revenue bonds pursuant to section 3-20j that exceed in the |
---|
2509 | | - | aggregate one billion nine hundred million dollars in any fiscal year. |
---|
2510 | | - | Commencing July 1, 2019, and each fiscal year thereafter, the aggregate |
---|
2511 | | - | limit shall be adjusted in accordance with any change in the consumer |
---|
2512 | | - | price index for all urban consumers for the preceding calendar year, less |
---|
2513 | | - | food and energy, as published by the United States Department of |
---|
2514 | | - | Labor, Bureau of Labor Statistics. Not later than April 1, 2018, and April |
---|
2515 | | - | first annually thereafter, the Governor shall provide the Treasurer with |
---|
2516 | | - | a list of general obligation bond and credit revenue bond expenditures House Bill No. 6671 |
---|
2517 | | - | |
---|
2518 | | - | Public Act No. 23-1 62 of 63 |
---|
2519 | | - | |
---|
2520 | | - | that can be made July first commencing the next fiscal year totaling not |
---|
2521 | | - | more than one billion nine hundred million dollars. Commencing July |
---|
2522 | | - | 1, 2019, and each fiscal year thereafter, the aggregate limit shall be |
---|
2523 | | - | adjusted in accordance with any change in the consumer price index for |
---|
2524 | | - | all urban consumers for the preceding calendar year, less food and |
---|
2525 | | - | energy, as published by the United States Department of Labor, Bureau |
---|
2526 | | - | of Labor Statistics. The Governor shall post such list on the Internet web |
---|
2527 | | - | site of the office of the Governor. |
---|
2528 | | - | (C) Any calculation made pursuant to subparagraph (B) of this |
---|
2529 | | - | subdivision shall not include (i) any general obligation bonds issued as |
---|
2530 | | - | part of CSCU 2020, as defined in subdivision (3) of section 10a-91c, or |
---|
2531 | | - | UConn 2000, as defined in subdivision (25) of section 10a-109c, (ii) any |
---|
2532 | | - | bonds, notes or other evidences of indebtedness for borrowed money |
---|
2533 | | - | which are issued for the purpose of refunding other bonds, notes or |
---|
2534 | | - | other evidences of indebtedness, (iii) obligations in anticipation of |
---|
2535 | | - | revenues to be received by the state during the twelve calendar months |
---|
2536 | | - | next following their issuance, or (iv) any indebtedness authorized |
---|
2537 | | - | pursuant to section 3-21aa.] |
---|
2538 | | - | (3) Notwithstanding the provisions of section 4-85, the Governor |
---|
2539 | | - | shall not approve allotment requisitions pursuant to said section of |
---|
2540 | | - | general obligation bonds or notes or credit revenue bonds in an amount |
---|
2541 | | - | greater than the issuance limit set forth in subdivision (1) of subsection |
---|
2542 | | - | (f) of this section. |
---|
2543 | | - | (g) The provisions of this section shall not apply to any bonds, notes |
---|
2544 | | - | or other evidences of indebtedness for borrowed money which are |
---|
2545 | | - | issued for the purpose of: (1) Meeting cash flow needs; [or] (2) covering |
---|
2546 | | - | emergency needs in times of natural disaster; or (3) funding any budget |
---|
2547 | | - | deficits of the state for any fiscal year. |
---|
2548 | | - | Sec. 19. Section 3-21aa of the general statutes is repealed. (Effective July |
---|
2549 | | - | 1, 2023) House Bill No. 6671 |
---|
2550 | | - | |
---|
2551 | | - | Public Act No. 23-1 63 of 63 |
---|
2552 | | - | |
---|
2553 | | - | |
---|
| 1692 | + | T490 2026 14,000,000 |
---|
| 1693 | + | T491 2027 9,000,000 |
---|
| 1694 | + | |
---|
| 1695 | + | (2) Subject to amount limitations of such capping provisions in 312 |
---|
| 1696 | + | subdivision (1) of this subsection and following approval of such 313 |
---|
| 1697 | + | resolution as provided in subsection (b) of section 10a-109f, the principal 314 |
---|
| 1698 | + | amount of the securities authorized therein for such project or projects 315 |
---|
| 1699 | + | shall be deemed to be an appropriation and allocation of such amount 316 |
---|
| 1700 | + | for such project or projects, respectively, and such approval by the 317 |
---|
| 1701 | + | Governor of such resolution shall be deemed the allotment by the 318 |
---|
| 1702 | + | Governor of such capital outlays within the meaning of section 4-85 and 319 |
---|
| 1703 | + | the university (A) may award a contract or contracts and incur an 320 |
---|
| 1704 | + | obligation or obligations with respect to each such project or projects 321 |
---|
| 1705 | + | authorized pursuant to and within the amount authorized in such 322 |
---|
| 1706 | + | resolution, notwithstanding that such contract or obligation may at any 323 |
---|
| 1707 | + | particular time exceed the amount of the proceeds from the sale of 324 |
---|
| 1708 | + | securities theretofore received by the university, and (B) may issue and 325 |
---|
| 1709 | + | sell securities respecting such contracts or obligations referred to in 326 |
---|
| 1710 | + | subparagraph (A) only at such time or times as shall be needed to have 327 |
---|
| 1711 | + | the proceeds thereof available to pay requisitions expected thereunder 328 |
---|
| 1712 | + | within the year following issuance of such securities and to provide for 329 |
---|
| 1713 | + | costs of UConn 2000 of not more than twenty per cent in excess and 330 |
---|
| 1714 | + | Bill No. |
---|
| 1715 | + | |
---|
| 1716 | + | |
---|
| 1717 | + | |
---|
| 1718 | + | LCO No. 4094 33 of 61 |
---|
| 1719 | + | |
---|
| 1720 | + | regardless of such anticipated cash expenditure requirements but 331 |
---|
| 1721 | + | subject to section 10a-109q, provided the amount needed for funding, 332 |
---|
| 1722 | + | paying or providing for the items described in subparagraph (B) of 333 |
---|
| 1723 | + | subdivision (10) of subsection (a) of section 10a-109d, as amended by 334 |
---|
| 1724 | + | this act, may be added to the amount of securities so issued. 335 |
---|
| 1725 | + | Sec. 8. Section 10-76g of the general statutes is repealed and the 336 |
---|
| 1726 | + | following is substituted in lieu thereof (Effective from passage): 337 |
---|
| 1727 | + | (a) (1) For the fiscal year ending June 30, 1984, and each fiscal year 338 |
---|
| 1728 | + | thereafter, in any case in which special education is being provided at a 339 |
---|
| 1729 | + | private residential institution, including the residential components of 340 |
---|
| 1730 | + | regional educational service centers, to a child for whom no local or 341 |
---|
| 1731 | + | regional board of education can be found responsible under subsection 342 |
---|
| 1732 | + | (b) of section 10-76d, the Department of Children and Families shall pay 343 |
---|
| 1733 | + | the costs of special education to such institution pursuant to its authority 344 |
---|
| 1734 | + | under sections 17a-1 to 17a-26, inclusive, 17a-28 to 17a-49, inclusive, 17a-345 |
---|
| 1735 | + | 52 and 17a-861. (2) For the fiscal year ending June 30, 1993, and each 346 |
---|
| 1736 | + | fiscal year thereafter, any local or regional board of education which 347 |
---|
| 1737 | + | provides special education and related services for any child (A) who is 348 |
---|
| 1738 | + | placed by a public agency, including, but not limited to, offices of a 349 |
---|
| 1739 | + | government of a federally recognized Native American tribe, in a 350 |
---|
| 1740 | + | private residential facility or who is placed in a facility or institution 351 |
---|
| 1741 | + | operated by the Department of Children and Families and who receives 352 |
---|
| 1742 | + | such special education at a program operated by a regional education 353 |
---|
| 1743 | + | service center or program operated by a local or regional board of 354 |
---|
| 1744 | + | education, and (B) for whom no local or regional board of education can 355 |
---|
| 1745 | + | be found responsible under subsection (b) of section 10-76d, shall be 356 |
---|
| 1746 | + | eligible to receive one hundred per cent of the reasonable costs of special 357 |
---|
| 1747 | + | education for such child as defined in the regulations of the State Board 358 |
---|
| 1748 | + | of Education. Any such board eligible for payment shall file with the 359 |
---|
| 1749 | + | Department of Education, in such manner as prescribed by the 360 |
---|
| 1750 | + | Commissioner of Education, annually, on or before December first a 361 |
---|
| 1751 | + | statement of the cost of providing special education for such child, 362 |
---|
| 1752 | + | provided a board of education may submit, not later than March first, 363 |
---|
| 1753 | + | Bill No. |
---|
| 1754 | + | |
---|
| 1755 | + | |
---|
| 1756 | + | |
---|
| 1757 | + | LCO No. 4094 34 of 61 |
---|
| 1758 | + | |
---|
| 1759 | + | claims for additional children or costs not included in the December 364 |
---|
| 1760 | + | filing. Payment by the state for such costs shall be made to the local or 365 |
---|
| 1761 | + | regional board of education as follows: Seventy-five per cent of the cost 366 |
---|
| 1762 | + | in February and the balance in May. 367 |
---|
| 1763 | + | (b) Any local or regional board of education which provides special 368 |
---|
| 1764 | + | education pursuant to the provisions of sections 10-76a to 10-76g, 369 |
---|
| 1765 | + | inclusive, as amended by this act, for any exceptional child described in 370 |
---|
| 1766 | + | subparagraph (A) of subdivision (5) of section 10-76a, under its 371 |
---|
| 1767 | + | jurisdiction, excluding (1) children placed by a state agency for whom a 372 |
---|
| 1768 | + | board of education receives payment pursuant to the provisions of 373 |
---|
| 1769 | + | subdivision (2) of subsection (e) of section 10-76d, as amended by this 374 |
---|
| 1770 | + | act, and (2) children who require special education, who reside on state-375 |
---|
| 1771 | + | owned or leased property, and who are not the educational 376 |
---|
| 1772 | + | responsibility of the unified school districts established pursuant to 377 |
---|
| 1773 | + | sections 17a-37 and 18-99a, shall be financially responsible for the 378 |
---|
| 1774 | + | reasonable costs of special education instruction, as defined in the 379 |
---|
| 1775 | + | regulations of the State Board of Education, in an amount equal to (A) 380 |
---|
| 1776 | + | for any fiscal year commencing prior to July 1, 2005, five times the 381 |
---|
| 1777 | + | average per pupil educational costs of such board of education for the 382 |
---|
| 1778 | + | prior fiscal year, determined in accordance with the provisions of 383 |
---|
| 1779 | + | subsection (a) of section 10-76f, and (B) for the fiscal year commencing 384 |
---|
| 1780 | + | July 1, 2005, and each fiscal year thereafter, four and one-half times such 385 |
---|
| 1781 | + | average per pupil educational costs of such board of education. Except 386 |
---|
| 1782 | + | as otherwise provided in subsection (d) of this section, the State Board 387 |
---|
| 1783 | + | of Education shall, within available appropriations, pay on a current 388 |
---|
| 1784 | + | basis any costs in excess of the local or regional board's basic 389 |
---|
| 1785 | + | contribution paid by such board in accordance with the provisions of 390 |
---|
| 1786 | + | this subsection. Any amounts paid by the State Board of Education on a 391 |
---|
| 1787 | + | current basis pursuant to this subsection shall not be reimbursable in the 392 |
---|
| 1788 | + | subsequent year. Application for such grant shall be made by filing with 393 |
---|
| 1789 | + | the Department of Education, in such manner as prescribed by the 394 |
---|
| 1790 | + | commissioner, annually on or before December first a statement of the 395 |
---|
| 1791 | + | cost of providing special education pursuant to this subsection, 396 |
---|
| 1792 | + | Bill No. |
---|
| 1793 | + | |
---|
| 1794 | + | |
---|
| 1795 | + | |
---|
| 1796 | + | LCO No. 4094 35 of 61 |
---|
| 1797 | + | |
---|
| 1798 | + | provided a board of education may submit, not later than March first, 397 |
---|
| 1799 | + | claims for additional children or costs not included in the December 398 |
---|
| 1800 | + | filing. Payment by the state for such excess costs shall be made to the 399 |
---|
| 1801 | + | local or regional board of education as follows: Seventy-five per cent of 400 |
---|
| 1802 | + | the cost in February and the balance in May. The amount due each town 401 |
---|
| 1803 | + | pursuant to the provisions of this subsection shall be paid to the 402 |
---|
| 1804 | + | treasurer of each town entitled to such aid, provided the treasurer shall 403 |
---|
| 1805 | + | treat such grant, or a portion of the grant, which relates to special 404 |
---|
| 1806 | + | education expenditures incurred in excess of such town's board of 405 |
---|
| 1807 | + | education budgeted estimate of such expenditures, as a reduction in 406 |
---|
| 1808 | + | expenditures by crediting such expenditure account, rather than town 407 |
---|
| 1809 | + | revenue. Such expenditure account shall be so credited no later than 408 |
---|
| 1810 | + | thirty days after receipt by the treasurer of necessary documentation 409 |
---|
| 1811 | + | from the board of education indicating the amount of such special 410 |
---|
| 1812 | + | education expenditures incurred in excess of such town's board of 411 |
---|
| 1813 | + | education budgeted estimate of such expenditures. 412 |
---|
| 1814 | + | (c) Commencing with the fiscal year ending June 30, 1996, and for 413 |
---|
| 1815 | + | each fiscal year thereafter, within available appropriations, each town 414 |
---|
| 1816 | + | whose ratio of (1) net costs of special education, as defined in subsection 415 |
---|
| 1817 | + | (h) of section 10-76f, for the fiscal year prior to the year in which the 416 |
---|
| 1818 | + | grant is to be paid to (2) the product of its total need students, as defined 417 |
---|
| 1819 | + | in section 10-262f, and the average regular program expenditures, as 418 |
---|
| 1820 | + | defined in section 10-262f, per need student for all towns for such year 419 |
---|
| 1821 | + | exceeds the state-wide average for all such ratios shall be eligible to 420 |
---|
| 1822 | + | receive a supplemental special education grant. Such grant shall be 421 |
---|
| 1823 | + | equal to the product of a town's eligible excess costs and the town's base 422 |
---|
| 1824 | + | aid ratio, as defined in section 10-262f, provided each town's grant shall 423 |
---|
| 1825 | + | be adjusted proportionately if necessary to stay within the 424 |
---|
| 1826 | + | appropriation. Payment pursuant to this subsection shall be made in 425 |
---|
| 1827 | + | June. For purposes of this subsection, a town's eligible excess costs are 426 |
---|
| 1828 | + | the difference between its net costs of special education and the amount 427 |
---|
| 1829 | + | the town would have expended if it spent at the state-wide average rate. 428 |
---|
| 1830 | + | (d) Notwithstanding [the provisions of this section] any provision of 429 |
---|
| 1831 | + | Bill No. |
---|
| 1832 | + | |
---|
| 1833 | + | |
---|
| 1834 | + | |
---|
| 1835 | + | LCO No. 4094 36 of 61 |
---|
| 1836 | + | |
---|
| 1837 | + | the general statutes, for the fiscal year ending June 30, 2023, and each 430 |
---|
| 1838 | + | fiscal year thereafter, if the total of the amount of the grants payable to 431 |
---|
| 1839 | + | local or regional boards of education in accordance with [this section] 432 |
---|
| 1840 | + | (1) subsections (a) to (c), inclusive, of this section, except grants paid in 433 |
---|
| 1841 | + | accordance with subdivision (2) of subsection (a) of this section, (2) 434 |
---|
| 1842 | + | subdivision (2) of subsection (e) of section 10-76d, as amended by this 435 |
---|
| 1843 | + | act, and (3) subsection (b) of section 10-253, as amended by this act, in 436 |
---|
| 1844 | + | any fiscal year exceeds the amount appropriated for the purposes of 437 |
---|
| 1845 | + | [this section] the grants described in subdivisions (1) to (3), inclusive, of 438 |
---|
| 1846 | + | this subsection for such fiscal year, then each town shall be ranked in 439 |
---|
| 1847 | + | descending order from one to one hundred sixty-nine according to such 440 |
---|
| 1848 | + | town's adjusted equalized net grand list per capita, as defined in section 441 |
---|
| 1849 | + | 10-261, and the state board shall pay such grant to the local or regional 442 |
---|
| 1850 | + | board of education for a town as follows: [(1)] (A) For any town ranked 443 |
---|
| 1851 | + | one hundred fifteen to one hundred sixty-nine, inclusive, [seventy-six 444 |
---|
| 1852 | + | and one-quarter] ninety-one per cent of the amount of such town's 445 |
---|
| 1853 | + | eligible excess costs, [(2)] (B) for any town ranked fifty-nine to one 446 |
---|
| 1854 | + | hundred fourteen, inclusive, [seventy-three] eighty-eight per cent of the 447 |
---|
| 1855 | + | amount of such town's eligible excess costs, and [(3)] (C) for any town 448 |
---|
| 1856 | + | ranked one to fifty-eight, inclusive, [seventy] eighty-five per cent of the 449 |
---|
| 1857 | + | amount of such town's eligible excess costs. In the case of a regional 450 |
---|
| 1858 | + | board of education, such ranking shall be determined by [(A)] (i) 451 |
---|
| 1859 | + | multiplying the total population, as defined in section 10-261, of each 452 |
---|
| 1860 | + | town in the regional school district by such town's ranking, as 453 |
---|
| 1861 | + | determined in this subsection, [(B)] (ii) adding together the figures 454 |
---|
| 1862 | + | determined under [subparagraph (A)] clause (i) of this [subdivision] 455 |
---|
| 1863 | + | subparagraph, and [(C)] (iii) dividing the total computed under 456 |
---|
| 1864 | + | [subparagraph (B)] clause (ii) of this [subdivision] subparagraph by the 457 |
---|
| 1865 | + | total population of all towns in the district. The ranking of each regional 458 |
---|
| 1866 | + | board of education shall be rounded to the next higher whole number. 459 |
---|
| 1867 | + | If the total amount of the grants payable to local and regional boards of 460 |
---|
| 1868 | + | education calculated under subparagraphs (A) to (C), inclusive, of this 461 |
---|
| 1869 | + | subsection in any fiscal year exceeds the total amount appropriated for 462 |
---|
| 1870 | + | the grants described in subdivisions (1) to (3), inclusive, of this 463 |
---|
| 1871 | + | Bill No. |
---|
| 1872 | + | |
---|
| 1873 | + | |
---|
| 1874 | + | |
---|
| 1875 | + | LCO No. 4094 37 of 61 |
---|
| 1876 | + | |
---|
| 1877 | + | subsection for such fiscal year, the amount of the grants payable under 464 |
---|
| 1878 | + | this subsection shall be reduced proportionately. 465 |
---|
| 1879 | + | (e) (1) For the fiscal year ending June 30, 2023, and each fiscal year 466 |
---|
| 1880 | + | thereafter, if the total amount appropriated in any fiscal year for the 467 |
---|
| 1881 | + | grants described in subdivisions (1) to (3), inclusive, of subsection (d) of 468 |
---|
| 1882 | + | this section exceeds the total of the amount of the grants payable to local 469 |
---|
| 1883 | + | and regional boards of education under subsection (d) of this section, 470 |
---|
| 1884 | + | for such fiscal year, such excess amount shall be distributed to each local 471 |
---|
| 1885 | + | and regional board of education as follows: 472 |
---|
| 1886 | + | (A) Subtract the sum of all grants paid to local and regional boards of 473 |
---|
| 1887 | + | education in such fiscal year under subsection (d) of this section from 474 |
---|
| 1888 | + | the sum of all grants calculated under subsections (a) to (c), inclusive, of 475 |
---|
| 1889 | + | this section, subdivision (2) of subsection (e) of section 10-76d, as 476 |
---|
| 1890 | + | amended by this act, and subsection (b) of section 10-253, as amended 477 |
---|
| 1891 | + | by this act; 478 |
---|
| 1892 | + | (B) Subtract the sum of all grants paid to local and regional boards of 479 |
---|
| 1893 | + | education in such fiscal year under subsections (a) to (d), inclusive, of 480 |
---|
| 1894 | + | this section from the total amount appropriated in such fiscal year for 481 |
---|
| 1895 | + | all grants under this section; 482 |
---|
| 1896 | + | (C) Divide the amount calculated under subparagraph (B) of this 483 |
---|
| 1897 | + | subdivision by the amount calculated under subparagraph (A) of this 484 |
---|
| 1898 | + | subdivision; and 485 |
---|
| 1899 | + | (D) To determine the amount of such excess to be distributed to each 486 |
---|
| 1900 | + | local and regional board of education, multiply the amount calculated 487 |
---|
| 1901 | + | under subparagraph (A) of this subdivision that is attributable to such 488 |
---|
| 1902 | + | local or regional board of education by the per cent calculated under 489 |
---|
| 1903 | + | subparagraph (C) of this subdivision. 490 |
---|
| 1904 | + | (2) Any grants paid in accordance with subdivision (2) of subsection 491 |
---|
| 1905 | + | (a) of this section shall be excluded from the calculations described in 492 |
---|
| 1906 | + | subdivision (1) of this subsection. 493 |
---|
| 1907 | + | Bill No. |
---|
| 1908 | + | |
---|
| 1909 | + | |
---|
| 1910 | + | |
---|
| 1911 | + | LCO No. 4094 38 of 61 |
---|
| 1912 | + | |
---|
| 1913 | + | Sec. 9. Subdivision (2) of subsection (e) of section 10-76d of the 494 |
---|
| 1914 | + | general statutes is repealed and the following is substituted in lieu 495 |
---|
| 1915 | + | thereof (Effective from passage): 496 |
---|
| 1916 | + | (2) For purposes of this subdivision, "public agency" includes the 497 |
---|
| 1917 | + | offices of a government of a federally recognized Native American tribe. 498 |
---|
| 1918 | + | Notwithstanding any [other provisions] provision of the general 499 |
---|
| 1919 | + | statutes, for the fiscal year ending June 30, 1987, and each fiscal year 500 |
---|
| 1920 | + | thereafter, whenever a public agency, other than a local or regional 501 |
---|
| 1921 | + | board of education, the State Board of Education or the Superior Court 502 |
---|
| 1922 | + | acting pursuant to section 10-76h, places a child in a foster home, group 503 |
---|
| 1923 | + | home, hospital, state institution, receiving home, custodial institution or 504 |
---|
| 1924 | + | any other residential or day treatment facility, and such child requires 505 |
---|
| 1925 | + | special education, the local or regional board of education under whose 506 |
---|
| 1926 | + | jurisdiction the child would otherwise be attending school or, if no such 507 |
---|
| 1927 | + | board can be identified, the local or regional board of education of the 508 |
---|
| 1928 | + | town where the child is placed, shall provide the requisite special 509 |
---|
| 1929 | + | education and related services to such child in accordance with the 510 |
---|
| 1930 | + | provisions of this section. Within one business day of such a placement 511 |
---|
| 1931 | + | by the Department of Children and Families or offices of a government 512 |
---|
| 1932 | + | of a federally recognized Native American tribe, said department or 513 |
---|
| 1933 | + | offices shall orally notify the local or regional board of education 514 |
---|
| 1934 | + | responsible for providing special education and related services to such 515 |
---|
| 1935 | + | child of such placement. The department or offices shall provide written 516 |
---|
| 1936 | + | notification to such board of such placement within two business days 517 |
---|
| 1937 | + | of the placement. Such local or regional board of education shall 518 |
---|
| 1938 | + | convene a planning and placement team meeting for such child within 519 |
---|
| 1939 | + | thirty days of the placement and shall invite a representative of the 520 |
---|
| 1940 | + | Department of Children and Families or offices of a government of a 521 |
---|
| 1941 | + | federally recognized Native American tribe to participate in such 522 |
---|
| 1942 | + | meeting. (A) The local or regional board of education under whose 523 |
---|
| 1943 | + | jurisdiction such child would otherwise be attending school shall be 524 |
---|
| 1944 | + | financially responsible for the reasonable costs of such special education 525 |
---|
| 1945 | + | and related services in an amount equal to the lesser of one hundred per 526 |
---|
| 1946 | + | Bill No. |
---|
| 1947 | + | |
---|
| 1948 | + | |
---|
| 1949 | + | |
---|
| 1950 | + | LCO No. 4094 39 of 61 |
---|
| 1951 | + | |
---|
| 1952 | + | cent of the costs of such education or the average per pupil educational 527 |
---|
| 1953 | + | costs of such board of education for the prior fiscal year, determined in 528 |
---|
| 1954 | + | accordance with the provisions of subsection (a) of section 10-76f. The 529 |
---|
| 1955 | + | State Board of Education shall pay on a current basis, except as provided 530 |
---|
| 1956 | + | in subdivision (3) of this subsection, any costs in excess of such local or 531 |
---|
| 1957 | + | regional board's basic contributions paid by such board of education in 532 |
---|
| 1958 | + | accordance with the provisions of this subdivision. (B) Whenever a child 533 |
---|
| 1959 | + | is placed pursuant to this subdivision, on or after July 1, 1995, by the 534 |
---|
| 1960 | + | Department of Children and Families and the local or regional board of 535 |
---|
| 1961 | + | education under whose jurisdiction such child would otherwise be 536 |
---|
| 1962 | + | attending school cannot be identified, the local or regional board of 537 |
---|
| 1963 | + | education under whose jurisdiction the child attended school or in 538 |
---|
| 1964 | + | whose district the child resided at the time of removal from the home 539 |
---|
| 1965 | + | by said department shall be responsible for the reasonable costs of 540 |
---|
| 1966 | + | special education and related services provided to such child, for one 541 |
---|
| 1967 | + | calendar year or until the child is committed to the state pursuant to 542 |
---|
| 1968 | + | section 46b-129 or 46b-140 or is returned to the child's parent or 543 |
---|
| 1969 | + | guardian, whichever is earlier. If the child remains in such placement 544 |
---|
| 1970 | + | beyond one calendar year the Department of Children and Families 545 |
---|
| 1971 | + | shall be responsible for such costs. During the period the local or 546 |
---|
| 1972 | + | regional board of education is responsible for the reasonable cost of 547 |
---|
| 1973 | + | special education and related services pursuant to this subparagraph, 548 |
---|
| 1974 | + | the board shall be responsible for such costs in an amount equal to the 549 |
---|
| 1975 | + | lesser of one hundred per cent of the costs of such education and related 550 |
---|
| 1976 | + | services or the average per pupil educational costs of such board of 551 |
---|
| 1977 | + | education for the prior fiscal year, determined in accordance with the 552 |
---|
| 1978 | + | provisions of subsection (a) of section 10-76f. The State Board of 553 |
---|
| 1979 | + | Education shall pay on a current basis, except as provided in 554 |
---|
| 1980 | + | subdivision (3) of this subsection, any costs in excess of such local or 555 |
---|
| 1981 | + | regional board's basic contributions paid by such board of education in 556 |
---|
| 1982 | + | accordance with the provisions of this subdivision. The costs for services 557 |
---|
| 1983 | + | other than educational shall be paid by the state agency which placed 558 |
---|
| 1984 | + | the child. The provisions of this subdivision shall not apply to the school 559 |
---|
| 1985 | + | districts established within the Department of Children and Families, 560 |
---|
| 1986 | + | Bill No. |
---|
| 1987 | + | |
---|
| 1988 | + | |
---|
| 1989 | + | |
---|
| 1990 | + | LCO No. 4094 40 of 61 |
---|
| 1991 | + | |
---|
| 1992 | + | pursuant to section 17a-37 or the Department of Correction, pursuant to 561 |
---|
| 1993 | + | section 18-99a, provided in any case in which special education is being 562 |
---|
| 1994 | + | provided at a private residential institution, including the residential 563 |
---|
| 1995 | + | components of regional educational service centers, to a child for whom 564 |
---|
| 1996 | + | no local or regional board of education can be found responsible under 565 |
---|
| 1997 | + | subsection (b) of this section, Unified School District #2 shall provide 566 |
---|
| 1998 | + | the special education and related services and be financially responsible 567 |
---|
| 1999 | + | for the reasonable costs of such special education instruction for such 568 |
---|
| 2000 | + | children. Notwithstanding the provisions of this subdivision, for the 569 |
---|
| 2001 | + | fiscal years ending June 30, 2004, to June 30, 2007, inclusive, and for the 570 |
---|
| 2002 | + | fiscal [years] year ending June 30, 2010, [to June 30, 2023, inclusive] and 571 |
---|
| 2003 | + | each fiscal year thereafter, the amount of the grants payable to local or 572 |
---|
| 2004 | + | regional boards of education in accordance with this subdivision shall 573 |
---|
| 2005 | + | be [reduced proportionately] calculated in accordance with the 574 |
---|
| 2006 | + | provisions of subsections (d) and (e) of section 10-76g, as amended by 575 |
---|
| 2007 | + | this act, if the total of such grants in such year exceeds the amount 576 |
---|
| 2008 | + | appropriated for the purposes of this subdivision for such year. 577 |
---|
| 2009 | + | Sec. 10. Subsection (b) of section 10-253 of the general statutes is 578 |
---|
| 2010 | + | repealed and the following is substituted in lieu thereof (Effective from 579 |
---|
| 2011 | + | passage): 580 |
---|
| 2012 | + | (b) The board of education of the school district under whose 581 |
---|
| 2013 | + | jurisdiction a child would otherwise be attending school shall be 582 |
---|
| 2014 | + | financially responsible for the reasonable costs of education for a child 583 |
---|
| 2015 | + | placed out by the Commissioner of Children and Families or by other 584 |
---|
| 2016 | + | agencies, including, but not limited to, offices of a government of a 585 |
---|
| 2017 | + | federally recognized Native American tribe, in a private residential 586 |
---|
| 2018 | + | facility when such child requires educational services other than special 587 |
---|
| 2019 | + | education services. Such financial responsibility shall be the lesser of 588 |
---|
| 2020 | + | one hundred per cent of the costs of such education or the average per 589 |
---|
| 2021 | + | pupil educational costs of such board of education for the prior fiscal 590 |
---|
| 2022 | + | year, determined in accordance with subsection (a) of section 10-76f. 591 |
---|
| 2023 | + | Any costs in excess of the board's basic contribution shall be paid by the 592 |
---|
| 2024 | + | State Board of Education on a current basis. The costs for services other 593 |
---|
| 2025 | + | Bill No. |
---|
| 2026 | + | |
---|
| 2027 | + | |
---|
| 2028 | + | |
---|
| 2029 | + | LCO No. 4094 41 of 61 |
---|
| 2030 | + | |
---|
| 2031 | + | than educational shall be paid by the state agency which placed the 594 |
---|
| 2032 | + | child. Application for the grant to be paid by the state for costs in excess 595 |
---|
| 2033 | + | of the local or regional board of education's basic contribution shall be 596 |
---|
| 2034 | + | made in accordance with the provisions of subdivision (5) of subsection 597 |
---|
| 2035 | + | (e) of section 10-76d. Notwithstanding the provisions of this subsection, 598 |
---|
| 2036 | + | for the fiscal years ending June 30, 2004, to June 30, 2007, inclusive, and 599 |
---|
| 2037 | + | for the fiscal [years] year ending June 30, 2010, [to June 30, 2023, 600 |
---|
| 2038 | + | inclusive] and each fiscal year thereafter, the amount of the grants 601 |
---|
| 2039 | + | payable to local or regional boards of education in accordance with this 602 |
---|
| 2040 | + | subsection shall be [reduced proportionately] calculated in accordance 603 |
---|
| 2041 | + | with the provisions of subsections (d) and (e) of section 10-76g, as 604 |
---|
| 2042 | + | amended by this act, if the total of such grants in such year exceeds the 605 |
---|
| 2043 | + | amount appropriated for the purposes of this subsection for such year. 606 |
---|
| 2044 | + | Sec. 11. Subdivisions (1) and (2) of section 22a-243 of the general 607 |
---|
| 2045 | + | statutes are repealed and the following is substituted in lieu thereof 608 |
---|
| 2046 | + | (Effective from passage): 609 |
---|
| 2047 | + | (1) "Carbonated beverage" means beer or other malt beverages, hard 610 |
---|
| 2048 | + | seltzer, hard cider and mineral waters, soda water and similar 611 |
---|
| 2049 | + | carbonated soft drinks in liquid form and intended for human 612 |
---|
| 2050 | + | consumption. "Carbonated beverage" does not include any product that 613 |
---|
| 2051 | + | contains wine or spirits; 614 |
---|
| 2052 | + | (2) "Noncarbonated beverage" means any water, including flavored 615 |
---|
| 2053 | + | water, plant water, nutritionally enhanced water, juice, juice drink, tea, 616 |
---|
| 2054 | + | coffee, kombucha, plant infused drink, sports drink or energy drink and 617 |
---|
| 2055 | + | any beverage that is identified through the use of letters, words or 618 |
---|
| 2056 | + | symbols on such beverage's product label as a type of water, juice, tea, 619 |
---|
| 2057 | + | coffee, kombucha, plant infused drink, sports drink or energy drink but 620 |
---|
| 2058 | + | excluding mineral water. "Noncarbonated beverage" does not include 621 |
---|
| 2059 | + | any product that contains wine or spirits, any food for special dietary 622 |
---|
| 2060 | + | use, as defined in 21 USC 350(c)(3), or any medical food, as defined in 623 |
---|
| 2061 | + | 21 USC 360ee(b)(3); 624 |
---|
| 2062 | + | Bill No. |
---|
| 2063 | + | |
---|
| 2064 | + | |
---|
| 2065 | + | |
---|
| 2066 | + | LCO No. 4094 42 of 61 |
---|
| 2067 | + | |
---|
| 2068 | + | Sec. 12. Section 5-198 of the general statutes is repealed and the 625 |
---|
| 2069 | + | following is substituted in lieu thereof (Effective from passage): 626 |
---|
| 2070 | + | The offices and positions filled by the following-described 627 |
---|
| 2071 | + | incumbents shall be exempt from the classified service: 628 |
---|
| 2072 | + | (1) All officers and employees of the Judicial Department; 629 |
---|
| 2073 | + | (2) All officers and employees of the Legislative Department; 630 |
---|
| 2074 | + | (3) All officers elected by popular vote; 631 |
---|
| 2075 | + | (4) All agency heads, members of boards and commissions and other 632 |
---|
| 2076 | + | officers appointed by the Governor; 633 |
---|
| 2077 | + | (5) All persons designated by name in any special act to hold any state 634 |
---|
| 2078 | + | office; 635 |
---|
| 2079 | + | (6) All officers, noncommissioned officers and enlisted men in the 636 |
---|
| 2080 | + | military or naval service of the state and under military or naval 637 |
---|
| 2081 | + | discipline and control; 638 |
---|
| 2082 | + | (7) (A) All correctional wardens, as provided in section 18-82, and (B) 639 |
---|
| 2083 | + | all superintendents of state institutions, the State Librarian, the 640 |
---|
| 2084 | + | president of The University of Connecticut and any other commissioner 641 |
---|
| 2085 | + | or administrative head of a state department or institution who is 642 |
---|
| 2086 | + | appointed by a board or commission responsible by statute for the 643 |
---|
| 2087 | + | administration of such department or institution; 644 |
---|
| 2088 | + | (8) The State Historian appointed by the State Library Board; 645 |
---|
| 2089 | + | (9) Deputies to the administrative head of each department or 646 |
---|
| 2090 | + | institution designated by statute to act for and perform all of the duties 647 |
---|
| 2091 | + | of such administrative head during such administrative head's absence 648 |
---|
| 2092 | + | or incapacity; 649 |
---|
| 2093 | + | (10) Executive assistants to each state elective officer and each 650 |
---|
| 2094 | + | department head, as defined in section 4-5, provided (A) each position 651 |
---|
| 2095 | + | Bill No. |
---|
| 2096 | + | |
---|
| 2097 | + | |
---|
| 2098 | + | |
---|
| 2099 | + | LCO No. 4094 43 of 61 |
---|
| 2100 | + | |
---|
| 2101 | + | of executive assistant shall have been created in accordance with section 652 |
---|
| 2102 | + | 5-214, and (B) in no event shall the Commissioner of Administrative 653 |
---|
| 2103 | + | Services or the Secretary of the Office of Policy and Management 654 |
---|
| 2104 | + | approve more than four executive assistants for a department head and, 655 |
---|
| 2105 | + | for any department with two or more deputies, more than two executive 656 |
---|
| 2106 | + | assistants for each such deputy; 657 |
---|
| 2107 | + | (11) One personal secretary to the administrative head and to each 658 |
---|
| 2108 | + | undersecretary or deputy to such head of each department or 659 |
---|
| 2109 | + | institution; 660 |
---|
| 2110 | + | (12) All members of the professional and technical staffs of the 661 |
---|
| 2111 | + | constituent units of the state system of higher education, as defined in 662 |
---|
| 2112 | + | section 10a-1, of all other state institutions of learning, of the Board of 663 |
---|
| 2113 | + | Regents for Higher Education, and of the agricultural experiment 664 |
---|
| 2114 | + | station at New Haven, professional and managerial employees of the 665 |
---|
| 2115 | + | Department of Education and the Office of Early Childhood, teachers 666 |
---|
| 2116 | + | and administrators employed by the Technical Education and Career 667 |
---|
| 2117 | + | System and teachers certified by the State Board of Education and 668 |
---|
| 2118 | + | employed in teaching positions at state institutions; 669 |
---|
| 2119 | + | (13) Physicians, dentists, student nurses in institutions and other 670 |
---|
| 2120 | + | professional specialists who are employed on a part-time basis; 671 |
---|
| 2121 | + | (14) Persons employed to make or conduct a special inquiry, 672 |
---|
| 2122 | + | investigation, examination or installation; 673 |
---|
| 2123 | + | (15) Students in educational institutions who are employed on a part-674 |
---|
| 2124 | + | time basis; 675 |
---|
| 2125 | + | (16) Forest fire wardens provided for by section 23-36; 676 |
---|
| 2126 | + | (17) Patients or inmates of state institutions who receive 677 |
---|
| 2127 | + | compensation for services rendered therein; 678 |
---|
| 2128 | + | (18) Employees of the Governor including employees working at the 679 |
---|
| 2129 | + | executive office, official executive residence at 990 Prospect Avenue, 680 |
---|
| 2130 | + | Bill No. |
---|
| 2131 | + | |
---|
| 2132 | + | |
---|
| 2133 | + | |
---|
| 2134 | + | LCO No. 4094 44 of 61 |
---|
| 2135 | + | |
---|
| 2136 | + | Hartford and the Washington D.C. office; 681 |
---|
| 2137 | + | (19) Persons filling positions expressly exempted by statute from the 682 |
---|
| 2138 | + | classified service; 683 |
---|
| 2139 | + | (20) Librarians employed by the State Board of Education or any 684 |
---|
| 2140 | + | constituent unit of the state system of higher education; 685 |
---|
| 2141 | + | (21) All officers and employees of the Division of Criminal Justice; 686 |
---|
| 2142 | + | (22) Professional employees in the education professions bargaining 687 |
---|
| 2143 | + | unit of the Department of Aging and Disability Services; 688 |
---|
| 2144 | + | (23) Lieutenant colonels in the Division of State Police within the 689 |
---|
| 2145 | + | Department of Emergency Services and Public Protection; 690 |
---|
| 2146 | + | (24) The Deputy State Fire Marshal within the Department of 691 |
---|
| 2147 | + | Administrative Services; 692 |
---|
| 2148 | + | (25) The chief administrative officer of the Workers' Compensation 693 |
---|
| 2149 | + | Commission; 694 |
---|
| 2150 | + | (26) Employees in the education professions bargaining unit; 695 |
---|
| 2151 | + | (27) Disability policy specialists employed by the Council on 696 |
---|
| 2152 | + | Developmental Disabilities; 697 |
---|
| 2153 | + | (28) The director for digital media and motion picture activities in the 698 |
---|
| 2154 | + | Department of Economic and Community Development; and 699 |
---|
| 2155 | + | (29) Any Director of Communications 1, Director of Communications 700 |
---|
| 2156 | + | 1 (Rc), Director of Communications 2, Director of Communications 2 701 |
---|
| 2157 | + | (Rc), Legislative Program Manager, Communications and Legislative 702 |
---|
| 2158 | + | Program Manager, Director of Legislation, Regulation and 703 |
---|
| 2159 | + | Communication, Legislative and Administrative Advisor 1, or 704 |
---|
| 2160 | + | Legislative and Administrative Advisor 2 as such positions are 705 |
---|
| 2161 | + | classified within the Executive Department. 706 |
---|
| 2162 | + | Bill No. |
---|
| 2163 | + | |
---|
| 2164 | + | |
---|
| 2165 | + | |
---|
| 2166 | + | LCO No. 4094 45 of 61 |
---|
| 2167 | + | |
---|
| 2168 | + | Sec. 13. Section 5-216 of the general statutes is repealed and the 707 |
---|
| 2169 | + | following is substituted in lieu thereof (Effective from passage): 708 |
---|
| 2170 | + | (a) The Commissioner of Administrative Services shall hold 709 |
---|
| 2171 | + | examinations for the purpose of establishing candidate lists for the 710 |
---|
| 2172 | + | various classes of positions in the classified service, except as provided 711 |
---|
| 2173 | + | in sections 5-227b and 5-233. Such examinations may be held on a 712 |
---|
| 2174 | + | continuous basis or at such time or times as the commissioner deems 713 |
---|
| 2175 | + | necessary to supply the needs of the state service. In establishing any 714 |
---|
| 2176 | + | candidate list following examinations, the commissioner shall place on 715 |
---|
| 2177 | + | the list, in the order of their ratings, the names of persons who show 716 |
---|
| 2178 | + | they possess the qualifications which entitle them to be considered 717 |
---|
| 2179 | + | eligible for appointment when a vacancy occurs in any position 718 |
---|
| 2180 | + | allocated to the class for which such examination is held or for which 719 |
---|
| 2181 | + | such candidate list is held to be appropriate. Such ratings may take such 720 |
---|
| 2182 | + | form as the commissioner deems appropriate to describe the 721 |
---|
| 2183 | + | performance of any candidate on any examination. 722 |
---|
| 2184 | + | (b) Where the needs of the service indicate that continuous 723 |
---|
| 2185 | + | recruitment is justified, the commissioner may defer announcing a 724 |
---|
| 2186 | + | closing date for filing applications for the examination. Announcements 725 |
---|
| 2187 | + | of such examinations shall specify that recruitment is continuous and 726 |
---|
| 2188 | + | that applications may be filed until further notice. Such examination 727 |
---|
| 2189 | + | may be graded on a pass-fail basis in order to expedite certification and 728 |
---|
| 2190 | + | appointment. 729 |
---|
| 2191 | + | (c) The commissioner may consolidate, continue or cancel candidate 730 |
---|
| 2192 | + | lists and may remove names from such lists for good cause. The 731 |
---|
| 2193 | + | commissioner may apply an examination score from one examination 732 |
---|
| 2194 | + | to the candidate list established for another examination, provided such 733 |
---|
| 2195 | + | examinations are the same or equivalent forms of the same examination, 734 |
---|
| 2196 | + | such provision is publicized on appropriate examination notices and the 735 |
---|
| 2197 | + | candidate satisfies all other statutory requirements. 736 |
---|
| 2198 | + | (d) Upon written request from a candidate on a form and in a manner 737 |
---|
| 2199 | + | Bill No. |
---|
| 2200 | + | |
---|
| 2201 | + | |
---|
| 2202 | + | |
---|
| 2203 | + | LCO No. 4094 46 of 61 |
---|
| 2204 | + | |
---|
| 2205 | + | prescribed by the Department of Administrative Services, the 738 |
---|
| 2206 | + | commissioner shall apply the candidate's most recent score from an 739 |
---|
| 2207 | + | examination held for a promotional appointment, in accordance with 740 |
---|
| 2208 | + | subsection (b) or (c) of section 5-228, to the candidate list established for 741 |
---|
| 2209 | + | a subsequent examination for the same classification, provided: (1) The 742 |
---|
| 2210 | + | subsequent examination is in the same or equivalent form as the 743 |
---|
| 2211 | + | previous examination; (2) such provision is publicized on appropriate 744 |
---|
| 2212 | + | examination notices; (3) the candidate satisfies all other requirements 745 |
---|
| 2213 | + | for the classification and the examination; and (4) not more than seven 746 |
---|
| 2214 | + | years have elapsed from the date of the candidate's most recent 747 |
---|
| 2215 | + | examination. 748 |
---|
| 2216 | + | (e) Nothing in this section shall prevent the department from 749 |
---|
| 2217 | + | applying scores from one examination to the candidate list established 750 |
---|
| 2218 | + | for a subsequent examination for the same classification, provided: (1) 751 |
---|
| 2219 | + | Such examinations are in the same or equivalent forms; (2) such 752 |
---|
| 2220 | + | provision is publicized on appropriate examination notices; and (3) the 753 |
---|
| 2221 | + | candidates on the list satisfy all other requirements for the classification 754 |
---|
| 2222 | + | and the examination. 755 |
---|
| 2223 | + | (f) The provisions of subsections (d) and (e) of this section shall not 756 |
---|
| 2224 | + | apply to any promotional examination held for classifications in the 757 |
---|
| 2225 | + | department's police-protective services occupational group. 758 |
---|
| 2226 | + | (g) Notwithstanding any provision of the general statutes, upon a 759 |
---|
| 2227 | + | finding by the commissioner that the posting of job openings is 760 |
---|
| 2228 | + | warranted to provide regular, updated candidate pools for specific 761 |
---|
| 2229 | + | examined and nonexamined positions, the commissioner may place the 762 |
---|
| 2230 | + | names of persons on a candidate list for the various classes of positions 763 |
---|
| 2231 | + | in the classified service. 764 |
---|
| 2232 | + | Sec. 14. Section 3-20 of the general statutes is amended by adding 765 |
---|
| 2233 | + | subsection (bb) as follows (Effective July 1, 2023): 766 |
---|
| 2234 | + | (NEW) (bb) (1) For each fiscal year during the period for which the 767 |
---|
| 2235 | + | pledge and undertaking under this subsection is in effect pursuant to 768 |
---|
| 2236 | + | Bill No. |
---|
| 2237 | + | |
---|
| 2238 | + | |
---|
| 2239 | + | |
---|
| 2240 | + | LCO No. 4094 47 of 61 |
---|
| 2241 | + | |
---|
| 2242 | + | subdivisions (3) and (4) of this subsection, the state of Connecticut shall 769 |
---|
| 2243 | + | comply with the provisions of (A) section 4-30a of the general statutes, 770 |
---|
| 2244 | + | revision of 1958, revised to January 1, 2023, as amended by section 15 of 771 |
---|
| 2245 | + | this act, (B) section 2-33a of the general statutes, revision of 1958, revised 772 |
---|
| 2246 | + | to January 1, 2023, (C) section 2-33c of the general statutes, revision of 773 |
---|
| 2247 | + | 1958, revised to January 1, 2023, as amended by section 16 of this act, (D) 774 |
---|
| 2248 | + | subsections (d) and (g) of this section, revision of 1958, revised to 775 |
---|
| 2249 | + | January 1, 2023, as amended by section 17 of this act, and (E) section 3-776 |
---|
| 2250 | + | 21 of the general statutes, revision of 1958, revised to January 1, 2023, as 777 |
---|
| 2251 | + | amended by section 18 of this act. 778 |
---|
| 2252 | + | (2) The state of Connecticut does hereby pledge to and agree with the 779 |
---|
| 2253 | + | holders of any bonds, notes and other obligations issued pursuant to 780 |
---|
| 2254 | + | subdivision (3) of this subsection that no public or special act of the 781 |
---|
| 2255 | + | General Assembly taking effect (A) on or after July 1, 2023, and prior to 782 |
---|
| 2256 | + | July 1, 2028, and, (B) subject to the provisions of subdivision (4) of this 783 |
---|
| 2257 | + | subsection, on or after July 1, 2028, and prior to July 1, 2033, shall alter 784 |
---|
| 2258 | + | the obligation to comply with the provisions of the sections and 785 |
---|
| 2259 | + | subsections set forth in subparagraphs (A) to (E), inclusive, of 786 |
---|
| 2260 | + | subdivision (1) of this subsection, during the period for which the 787 |
---|
| 2261 | + | pledge and undertaking is in effect pursuant to subdivisions (3) and (4) 788 |
---|
| 2262 | + | of this subsection, provided nothing in this subsection shall preclude 789 |
---|
| 2263 | + | such alteration (i) if and when adequate provision shall be made by law 790 |
---|
| 2264 | + | for the protection of the holders of such bonds, or (ii) (I) if and when the 791 |
---|
| 2265 | + | Governor declares an emergency or the existence of extraordinary 792 |
---|
| 2266 | + | circumstances, in which the provisions of section 4-85 are invoked, (II) 793 |
---|
| 2267 | + | at least three-fifths of the members of each chamber of the General 794 |
---|
| 2268 | + | Assembly vote to alter such required compliance during the fiscal year 795 |
---|
| 2269 | + | for which the emergency or existence of extraordinary circumstances are 796 |
---|
| 2270 | + | determined, and (III) any such alteration is for the fiscal year in progress 797 |
---|
| 2271 | + | only. 798 |
---|
| 2272 | + | (3) The Treasurer shall include the pledge and undertaking described 799 |
---|
| 2273 | + | in subdivisions (1) and (2) of this subsection in general obligation bonds 800 |
---|
| 2274 | + | and credit revenue bonds issued on or after July 1, 2023, and prior to 801 |
---|
| 2275 | + | Bill No. |
---|
| 2276 | + | |
---|
| 2277 | + | |
---|
| 2278 | + | |
---|
| 2279 | + | LCO No. 4094 48 of 61 |
---|
| 2280 | + | |
---|
| 2281 | + | July 1, 2025, and such pledge and undertaking (A) shall be in effect 802 |
---|
| 2282 | + | through June 30, 2028, or, subject to the provisions of subdivision (4) of 803 |
---|
| 2283 | + | this subsection, through June 30, 2033, and (B) shall not apply to 804 |
---|
| 2284 | + | refunding bonds issued for bonds issued under this subdivision. 805 |
---|
| 2285 | + | (4) The pledge and undertaking described in subdivisions (1) and (2) 806 |
---|
| 2286 | + | of this subsection shall be in effect for the period set forth in 807 |
---|
| 2287 | + | subparagraph (B) of subdivision (2) of this subsection unless the General 808 |
---|
| 2288 | + | Assembly adopts a resolution on or after January 1, 2028, but prior to 809 |
---|
| 2289 | + | July 1, 2028, not to continue such pledge and undertaking beyond June 810 |
---|
| 2290 | + | 30, 2028. 811 |
---|
| 2291 | + | Sec. 15. Section 4-30a of the general statutes is repealed and the 812 |
---|
| 2292 | + | following is substituted in lieu thereof (Effective July 1, 2023): 813 |
---|
| 2293 | + | (a) (1) All revenue in excess of three billion one hundred fifty million 814 |
---|
| 2294 | + | dollars received by the state each fiscal year from estimated and final 815 |
---|
| 2295 | + | payments of the personal income tax imposed under chapter 229 and 816 |
---|
| 2296 | + | the affected business entity tax imposed under section 12-699 shall be 817 |
---|
| 2297 | + | transferred by the Treasurer to a special fund to be known as the Budget 818 |
---|
| 2298 | + | Reserve Fund. On and after July 1, 2018, the threshold amount shall be 819 |
---|
| 2299 | + | adjusted annually by the compound annual growth rate of personal 820 |
---|
| 2300 | + | income in the state over the preceding five calendar years, using data 821 |
---|
| 2301 | + | reported by United States Bureau of Economic Analysis. 822 |
---|
| 2302 | + | (2) The General Assembly may amend the threshold amount of three 823 |
---|
| 2303 | + | billion one hundred fifty million dollars, by vote of at least three-fifths 824 |
---|
| 2304 | + | of the members of each house of the General Assembly, due to changes 825 |
---|
| 2305 | + | in state or federal tax law or policy or significant adjustments to 826 |
---|
| 2306 | + | economic growth or tax collections. 827 |
---|
| 2307 | + | (b) After the accounts for the General Fund have been closed for each 828 |
---|
| 2308 | + | fiscal year and the Comptroller has determined the amount of 829 |
---|
| 2309 | + | unappropriated surplus in said fund, after any amounts required by 830 |
---|
| 2310 | + | provision of law to be transferred for other purposes have been 831 |
---|
| 2311 | + | deducted, the amount of such surplus shall be transferred by the 832 |
---|
| 2312 | + | Bill No. |
---|
| 2313 | + | |
---|
| 2314 | + | |
---|
| 2315 | + | |
---|
| 2316 | + | LCO No. 4094 49 of 61 |
---|
| 2317 | + | |
---|
| 2318 | + | Treasurer to the Budget Reserve Fund. 833 |
---|
| 2319 | + | (c) (1) (A) [Whenever] Prior to July 1, 2024, whenever the amount in 834 |
---|
| 2320 | + | the Budget Reserve Fund equals fifteen per cent of the net General Fund 835 |
---|
| 2321 | + | appropriations for the current fiscal year, no further transfers shall be 836 |
---|
| 2322 | + | made by the Treasurer to the Budget Reserve Fund and the amount of 837 |
---|
| 2323 | + | such funds in excess of that transferred to said fund shall be deemed to 838 |
---|
| 2324 | + | be appropriated, as selected by the Treasurer in the best interests of the 839 |
---|
| 2325 | + | state, to (i) the State Employees Retirement Fund, in addition to the 840 |
---|
| 2326 | + | contributions required pursuant to section 5-156a, but not exceeding 841 |
---|
| 2327 | + | five per cent of the unfunded past service liability of the state employees 842 |
---|
| 2328 | + | retirement system as set forth in the most recent actuarial valuation 843 |
---|
| 2329 | + | certified by the State Employee Retirement Commission, or (ii) the 844 |
---|
| 2330 | + | Teachers' Retirement Fund, in addition to the payments required 845 |
---|
| 2331 | + | pursuant to section 10-183z, but not exceeding five per cent of the 846 |
---|
| 2332 | + | unfunded past service liability of the teachers' retirement system as set 847 |
---|
| 2333 | + | forth in the most recent actuarial valuation prepared for the Teachers' 848 |
---|
| 2334 | + | Retirement Board. 849 |
---|
| 2335 | + | (B) On and after July 1, 2024, whenever the amount in the Budget 850 |
---|
| 2336 | + | Reserve Fund equals fifteen per cent or more but less than eighteen per 851 |
---|
| 2337 | + | cent of the net General Fund appropriations for the current fiscal year, 852 |
---|
| 2338 | + | (i) fifty per cent of the amount of such surplus in excess of that 853 |
---|
| 2339 | + | transferred to the Budget Reserve Fund shall be transferred to said fund, 854 |
---|
| 2340 | + | to a maximum amount in said fund of eighteen per cent of the net 855 |
---|
| 2341 | + | General Fund appropriations for the current fiscal year, and (ii) fifty per 856 |
---|
| 2342 | + | cent of the amount of such surplus shall be deemed to be appropriated, 857 |
---|
| 2343 | + | as selected by the Treasurer in the best interests of the state, to (I) the 858 |
---|
| 2344 | + | State Employees Retirement Fund, in addition to the contributions 859 |
---|
| 2345 | + | required pursuant to section 5-156a, but not exceeding five per cent of 860 |
---|
| 2346 | + | the unfunded past service liability of the state employees retirement 861 |
---|
| 2347 | + | system as set forth in the most recent actuarial valuation certified by the 862 |
---|
| 2348 | + | State Employee Retirement Commission, or (II) the Teachers' 863 |
---|
| 2349 | + | Retirement Fund, in addition to the payments required pursuant to 864 |
---|
| 2350 | + | section 10-183z, but not exceeding five per cent of the unfunded past 865 |
---|
| 2351 | + | Bill No. |
---|
| 2352 | + | |
---|
| 2353 | + | |
---|
| 2354 | + | |
---|
| 2355 | + | LCO No. 4094 50 of 61 |
---|
| 2356 | + | |
---|
| 2357 | + | service liability of the teachers' retirement system as set forth in the most 866 |
---|
| 2358 | + | recent actuarial valuation prepared for the Teachers' Retirement Board. 867 |
---|
| 2359 | + | (C) On and after July 1, 2024, whenever the amount in the Budget 868 |
---|
| 2360 | + | Reserve Fund equals eighteen per cent of the net General Fund 869 |
---|
| 2361 | + | appropriations for the current fiscal year, no further transfers shall be 870 |
---|
| 2362 | + | made by the Treasurer to the Budget Reserve Fund and the amount of 871 |
---|
| 2363 | + | such funds in excess of that transferred to said fund shall be deemed to 872 |
---|
| 2364 | + | be appropriated, as selected by the Treasurer in the best interests of the 873 |
---|
| 2365 | + | state, to (i) the State Employees Retirement Fund, in addition to the 874 |
---|
| 2366 | + | contributions required pursuant to section 5-156a, but not exceeding 875 |
---|
| 2367 | + | five per cent of the unfunded past service liability of the state employees 876 |
---|
| 2368 | + | retirement system as set forth in the most recent actuarial valuation 877 |
---|
| 2369 | + | certified by the State Employee Retirement Commission, or (ii) the 878 |
---|
| 2370 | + | Teachers' Retirement Fund, in addition to the payments required 879 |
---|
| 2371 | + | pursuant to section 10-183z, but not exceeding five per cent of the 880 |
---|
| 2372 | + | unfunded past service liability of the teachers' retirement system as set 881 |
---|
| 2373 | + | forth in the most recent actuarial valuation prepared for the Teachers' 882 |
---|
| 2374 | + | Retirement Board. 883 |
---|
| 2375 | + | [(B)] (d) Any surplus in excess of the amounts transferred to the 884 |
---|
| 2376 | + | Budget Reserve Fund and the state employees retirement system or the 885 |
---|
| 2377 | + | teachers' retirement system, as applicable, shall be deemed to be 886 |
---|
| 2378 | + | appropriated for: [(i)] (1) Redeeming prior to maturity any outstanding 887 |
---|
| 2379 | + | indebtedness of the state selected by the Treasurer in the best interests 888 |
---|
| 2380 | + | of the state; [(ii)] (2) purchasing outstanding indebtedness of the state in 889 |
---|
| 2381 | + | the open market at such prices and on such terms and conditions as the 890 |
---|
| 2382 | + | Treasurer shall determine to be in the best interests of the state for the 891 |
---|
| 2383 | + | purpose of extinguishing or defeasing such debt; [(iii)] (3) providing for 892 |
---|
| 2384 | + | the defeasance of any outstanding indebtedness of the state selected by 893 |
---|
| 2385 | + | the Treasurer in the best interests of the state by irrevocably placing with 894 |
---|
| 2386 | + | an escrow agent in trust an amount to be used solely for, and sufficient 895 |
---|
| 2387 | + | to satisfy, scheduled payments of both interest and principal on such 896 |
---|
| 2388 | + | indebtedness; [(iv)] (4) making additional payments towards unfunded 897 |
---|
| 2389 | + | past service liability of the state employees retirement system or of the 898 |
---|
| 2390 | + | Bill No. |
---|
| 2391 | + | |
---|
| 2392 | + | |
---|
| 2393 | + | |
---|
| 2394 | + | LCO No. 4094 51 of 61 |
---|
| 2395 | + | |
---|
| 2396 | + | teachers' retirement system, as selected by the Treasurer in the best 899 |
---|
| 2397 | + | interests of the state; [,] or [(v)] (5) any combination of these methods. 900 |
---|
| 2398 | + | Pending the use or application of such amount for the payment of 901 |
---|
| 2399 | + | interest and principal, such amount may be invested in [(I)] (A) direct 902 |
---|
| 2400 | + | obligations of the United States government, including state and local 903 |
---|
| 2401 | + | government treasury securities that the United States Treasury issues 904 |
---|
| 2402 | + | specifically to provide state and local governments with required cash 905 |
---|
| 2403 | + | flows at yields that do not exceed Internal Revenue Service arbitrage 906 |
---|
| 2404 | + | limits, [(II)] (B) obligations guaranteed by the United States government, 907 |
---|
| 2405 | + | and [(III)] (C) securities backed by United States government obligations 908 |
---|
| 2406 | + | as collateral and for which interest and principal payments on the 909 |
---|
| 2407 | + | collateral generally flow immediately through to the security holder. 910 |
---|
| 2408 | + | [(2)] (e) Whenever the amount in the Budget Reserve Fund equals five 911 |
---|
| 2409 | + | per cent or more of the net General Fund appropriations for the current 912 |
---|
| 2410 | + | fiscal year, the General Assembly may transfer funds in excess of the 913 |
---|
| 2411 | + | five per cent threshold from the Budget Reserve Fund, for the purpose 914 |
---|
| 2412 | + | of paying unfunded past service liability of the state employees 915 |
---|
| 2413 | + | retirement system or of the teachers' retirement system as the General 916 |
---|
| 2414 | + | Assembly, in consultation with the Treasurer, determines to be in the 917 |
---|
| 2415 | + | best interests of the state. Such payments shall be in addition to any 918 |
---|
| 2416 | + | other contributions or payments required pursuant to section 5-156a or 919 |
---|
| 2417 | + | 10-183z or [subdivision (1)] subsections (c) and (d) of this section. 920 |
---|
| 2418 | + | [(d)] (f) Moneys in the Budget Reserve Fund shall be expended only 921 |
---|
| 2419 | + | as provided in this subsection and [subdivision (2) of] subsection [(c)] 922 |
---|
| 2420 | + | (e) of this section. 923 |
---|
| 2421 | + | (1) Whenever in any fiscal year the Comptroller has determined the 924 |
---|
| 2422 | + | amount of a deficit applicable with respect to the immediately preceding 925 |
---|
| 2423 | + | fiscal year, to the extent necessary, the amount of funds credited to the 926 |
---|
| 2424 | + | Budget Reserve Fund shall be deemed to be appropriated for purposes 927 |
---|
| 2425 | + | of funding such deficit. 928 |
---|
| 2426 | + | (2) The General Assembly may transfer funds from the Budget 929 |
---|
| 2427 | + | Bill No. |
---|
| 2428 | + | |
---|
| 2429 | + | |
---|
| 2430 | + | |
---|
| 2431 | + | LCO No. 4094 52 of 61 |
---|
| 2432 | + | |
---|
| 2433 | + | Reserve Fund to the General Fund if any consensus revenue estimate 930 |
---|
| 2434 | + | maintained or revised pursuant to section 2-36c for the current 931 |
---|
| 2435 | + | biennium projects a decline in General Fund revenues for the current 932 |
---|
| 2436 | + | biennium of one per cent or more from the total amount of General Fund 933 |
---|
| 2437 | + | estimated revenue on which the budget act or any adjusted 934 |
---|
| 2438 | + | appropriation and revenue plan, enacted by the General Assembly for 935 |
---|
| 2439 | + | the current biennium, was based. Any such transfer may be made at any 936 |
---|
| 2440 | + | time during the remainder of the current biennium. 937 |
---|
| 2441 | + | (3) The General Assembly may transfer funds from the Budget 938 |
---|
| 2442 | + | Reserve Fund to the General Fund if the consensus revenue estimate 939 |
---|
| 2443 | + | maintained or revised not later than April thirtieth annually pursuant 940 |
---|
| 2444 | + | to section 2-36c projects a decline in General Fund revenues, in either 941 |
---|
| 2445 | + | year or both years of the biennium immediately following such 942 |
---|
| 2446 | + | consensus revenue estimate, of one per cent or more from the total of 943 |
---|
| 2447 | + | General Fund appropriations for the current year. Any such transfer 944 |
---|
| 2448 | + | shall be made in the fiscal year for which such deficit is projected. 945 |
---|
| 2449 | + | [(e)] (g) The Treasurer is authorized to invest all or any part of said 946 |
---|
| 2450 | + | fund in accordance with the provisions of section 3-31a. The interest 947 |
---|
| 2451 | + | derived from the investment of said fund shall be credited to the General 948 |
---|
| 2452 | + | Fund. 949 |
---|
| 2453 | + | Sec. 16. Section 2-33c of the general statutes is repealed and the 950 |
---|
| 2454 | + | following is substituted in lieu thereof (Effective July 1, 2023): 951 |
---|
| 2455 | + | (a) In addition to the provisions of section 2-33a, on and after July 1, 952 |
---|
| 2456 | + | 2019, except as provided in subsection (b) of this section, the General 953 |
---|
| 2457 | + | Assembly shall not authorize General Fund and Special Transportation 954 |
---|
| 2458 | + | Fund appropriations for any fiscal year in an amount that, in the 955 |
---|
| 2459 | + | aggregate, exceeds the percentage of the statement of estimated revenue 956 |
---|
| 2460 | + | passed pursuant to subsection (b) of section 2-35 for each fiscal year 957 |
---|
| 2461 | + | indicated as follows: 958 |
---|
| 2462 | + | Bill No. |
---|
| 2463 | + | |
---|
| 2464 | + | |
---|
| 2465 | + | |
---|
| 2466 | + | LCO No. 4094 53 of 61 |
---|
| 2467 | + | |
---|
| 2468 | + | T492 Fiscal Year Ending June 30, Percentage of Estimated Revenue |
---|
| 2469 | + | T493 2020 99.5 |
---|
| 2470 | + | T494 2021 99.25 |
---|
| 2471 | + | T495 2022 99 |
---|
| 2472 | + | T496 2023, and each 98.75 |
---|
| 2473 | + | T497 fiscal year thereafter |
---|
| 2474 | + | T498 [2024 98.5 |
---|
| 2475 | + | T499 2025 98.25 |
---|
| 2476 | + | T500 2026, and each 98 |
---|
| 2477 | + | T501 fiscal year thereafter] |
---|
| 2478 | + | |
---|
| 2479 | + | (b) The General Assembly may authorize General Fund and Special 959 |
---|
| 2480 | + | Transportation Fund appropriations for any fiscal year in an amount 960 |
---|
| 2481 | + | that, in the aggregate, exceeds the percentage of estimated revenue 961 |
---|
| 2482 | + | specified in subsection (a) of this section for such fiscal year, if: 962 |
---|
| 2483 | + | (1) (A) The Governor declares an emergency or the existence of 963 |
---|
| 2484 | + | extraordinary circumstances and at least three-fifths of the members of 964 |
---|
| 2485 | + | each house of the General Assembly vote to exceed such percentage for 965 |
---|
| 2486 | + | the purposes of such emergency or extraordinary circumstances, and (B) 966 |
---|
| 2487 | + | any such appropriation is for the fiscal year in progress only. Any such 967 |
---|
| 2488 | + | declaration shall specify the nature of such emergency or circumstances; 968 |
---|
| 2489 | + | or 969 |
---|
| 2490 | + | (2) Each house of the General Assembly approves by majority vote 970 |
---|
| 2491 | + | any such appropriation for purposes of an adjusted appropriation and 971 |
---|
| 2492 | + | revenue plan. 972 |
---|
| 2493 | + | Sec. 17. Subdivision (2) of subsection (d) of section 3-20 of the general 973 |
---|
| 2494 | + | statutes is repealed and the following is substituted in lieu thereof 974 |
---|
| 2495 | + | (Effective July 1, 2023): 975 |
---|
| 2496 | + | (2) [For the calendar year commencing] (A) Commencing January 1, 976 |
---|
| 2497 | + | Bill No. |
---|
| 2498 | + | |
---|
| 2499 | + | |
---|
| 2500 | + | |
---|
| 2501 | + | LCO No. 4094 54 of 61 |
---|
| 2502 | + | |
---|
| 2503 | + | 2017, and [for each calendar year thereafter] through June 30, 2023, the 977 |
---|
| 2504 | + | State Bond Commission may not authorize bond issuances or credit 978 |
---|
| 2505 | + | revenue bond issuances of more than two billion dollars in the aggregate 979 |
---|
| 2506 | + | in any calendar year. Commencing January 1, 2018, and [each calendar 980 |
---|
| 2507 | + | year thereafter] through June 30, 2023, the aggregate limit shall be 981 |
---|
| 2508 | + | adjusted in accordance with any change in the consumer price index for 982 |
---|
| 2509 | + | all urban consumers for the preceding calendar year, less food and 983 |
---|
| 2510 | + | energy, as published by the United States Department of Labor, Bureau 984 |
---|
| 2511 | + | of Labor Statistics. [In computing such aggregate amount at any time, 985 |
---|
| 2512 | + | there shall be excluded or deducted, as the case may be, any 986 |
---|
| 2513 | + | indebtedness authorized pursuant to section 3-21aa.] 987 |
---|
| 2514 | + | (B) For the fiscal year commencing July 1, 2023, and for each fiscal 988 |
---|
| 2515 | + | year thereafter, the State Bond Commission may not authorize bond 989 |
---|
| 2516 | + | issuances or credit revenue bond issuances of more than two billion four 990 |
---|
| 2517 | + | hundred million dollars in the aggregate in any fiscal year. 991 |
---|
| 2518 | + | Commencing July 1, 2024, and each fiscal year thereafter, the aggregate 992 |
---|
| 2519 | + | limit shall be adjusted in accordance with any change in the consumer 993 |
---|
| 2520 | + | price index for all urban consumers for the preceding calendar year, less 994 |
---|
| 2521 | + | food and energy, as published by the United States Department of 995 |
---|
| 2522 | + | Labor, Bureau of Labor Statistics. 996 |
---|
| 2523 | + | Sec. 18. Section 3-21 of the general statutes is repealed and the 997 |
---|
| 2524 | + | following is substituted in lieu thereof (Effective July 1, 2023): 998 |
---|
| 2525 | + | (a) (1) No bonds, notes or other evidences of indebtedness for 999 |
---|
| 2526 | + | borrowed money payable from General Fund tax receipts of the state 1000 |
---|
| 2527 | + | shall be authorized by the General Assembly or issued except such as 1001 |
---|
| 2528 | + | shall not cause the aggregate amount of the total amount of bonds, notes 1002 |
---|
| 2529 | + | or other evidences of indebtedness payable from General Fund tax 1003 |
---|
| 2530 | + | receipts authorized by the General Assembly but which have not been 1004 |
---|
| 2531 | + | issued and the total amount of such indebtedness which has been issued 1005 |
---|
| 2532 | + | and remains outstanding to exceed one and six-tenths times the total 1006 |
---|
| 2533 | + | General Fund tax receipts of the state for the fiscal year in which any 1007 |
---|
| 2534 | + | such authorization will become effective or in which such indebtedness 1008 |
---|
| 2535 | + | Bill No. |
---|
| 2536 | + | |
---|
| 2537 | + | |
---|
| 2538 | + | |
---|
| 2539 | + | LCO No. 4094 55 of 61 |
---|
| 2540 | + | |
---|
| 2541 | + | is issued, as estimated for such fiscal year by the joint standing 1009 |
---|
| 2542 | + | committee of the General Assembly having cognizance of finance, 1010 |
---|
| 2543 | + | revenue and bonding in accordance with section 2-35. Credit revenue 1011 |
---|
| 2544 | + | bonds issued pursuant to section 3-20j shall be considered as payable 1012 |
---|
| 2545 | + | from General Fund tax receipts of the state for purposes of this 1013 |
---|
| 2546 | + | subsection. [In] 1014 |
---|
| 2547 | + | (2) In computing the amount of outstanding indebtedness, only the 1015 |
---|
| 2548 | + | accreted value of any capital appreciation obligation or any zero coupon 1016 |
---|
| 2549 | + | obligation that has accreted and been added to the stated initial value of 1017 |
---|
| 2550 | + | such obligation as of the date of any computation shall be included and 1018 |
---|
| 2551 | + | in computing [such] the aggregate amount of indebtedness at any time, 1019 |
---|
| 2552 | + | there shall be excluded or deducted, as the case may be: [,] 1020 |
---|
| 2553 | + | [(1) the] (A) The principal amount of all such obligations as may be 1021 |
---|
| 2554 | + | certified by the Treasurer [(A)] (i) as issued in anticipation of revenues 1022 |
---|
| 2555 | + | to be received by the state during the period of twelve calendar months 1023 |
---|
| 2556 | + | next following their issuance and to be paid by application of such 1024 |
---|
| 2557 | + | revenue, or [(B)] (ii) as having been refunded or replaced by other 1025 |
---|
| 2558 | + | indebtedness the proceeds and projected earnings on which or other 1026 |
---|
| 2559 | + | funds are held in escrow to pay and are sufficient to pay the principal, 1027 |
---|
| 2560 | + | interest and any redemption premium until maturity or earlier planned 1028 |
---|
| 2561 | + | redemption of such indebtedness, or [(C)] (iii) as issued and outstanding 1029 |
---|
| 2562 | + | in anticipation of particular bonds then unissued but fully authorized to 1030 |
---|
| 2563 | + | be issued in the manner provided by law for such authorization, 1031 |
---|
| 2564 | + | provided, as long as any of such obligations are outstanding, the entire 1032 |
---|
| 2565 | + | principal amount of such particular bonds thus authorized shall be 1033 |
---|
| 2566 | + | deemed to be outstanding and be included in such aggregate amount of 1034 |
---|
| 2567 | + | indebtedness, or [(D)] (iv) as payable solely from revenues of particular 1035 |
---|
| 2568 | + | public improvements; [,] 1036 |
---|
| 2569 | + | [(2) the] (B) The amount [which] that may be certified by the 1037 |
---|
| 2570 | + | Treasurer as the aggregate value of cash and securities in debt 1038 |
---|
| 2571 | + | retirement funds of the state to be used to meet principal of outstanding 1039 |
---|
| 2572 | + | obligations included in such aggregate amount of indebtedness; [,] 1040 |
---|
| 2573 | + | Bill No. |
---|
| 2574 | + | |
---|
| 2575 | + | |
---|
| 2576 | + | |
---|
| 2577 | + | LCO No. 4094 56 of 61 |
---|
| 2578 | + | |
---|
| 2579 | + | [(3) every] (C) Every such amount as may be certified by the Secretary 1041 |
---|
| 2580 | + | of the Office of Policy and Management as the estimated payments on 1042 |
---|
| 2581 | + | account of the costs of any public work or improvement thereafter to be 1043 |
---|
| 2582 | + | received by the state from the United States or agencies thereof and to 1044 |
---|
| 2583 | + | be used, in conformity with applicable federal law, to meet principal of 1045 |
---|
| 2584 | + | obligations included in such aggregate amount of indebtedness; [,] 1046 |
---|
| 2585 | + | [(4) all] (D) All authorized and issued indebtedness to fund any 1047 |
---|
| 2586 | + | budget deficits of the state for any fiscal year; [ending on or before June 1048 |
---|
| 2587 | + | 30, 1991,] 1049 |
---|
| 2588 | + | [(5) all] (E) All authorized indebtedness to fund the program created 1050 |
---|
| 2589 | + | pursuant to section 32-285; [,] 1051 |
---|
| 2590 | + | [(6) all authorized and issued indebtedness to fund any budget 1052 |
---|
| 2591 | + | deficits of the state for any fiscal year ending on or before June 30, 2002,] 1053 |
---|
| 2592 | + | [(7) all] (F) All indebtedness authorized and issued pursuant to 1054 |
---|
| 2593 | + | section 1 of public act 03-1 of the September 8 special session; [,] 1055 |
---|
| 2594 | + | [(8) all] (G) All authorized indebtedness issued pursuant to section 3-1056 |
---|
| 2595 | + | 62h; [,] 1057 |
---|
| 2596 | + | [(9) any] (H) Any indebtedness represented by any agreement 1058 |
---|
| 2597 | + | entered into pursuant to subsection (b) or (c) of section 3-20a as certified 1059 |
---|
| 2598 | + | by the Treasurer, provided the indebtedness in connection with which 1060 |
---|
| 2599 | + | such agreements were entered into shall be included in such aggregate 1061 |
---|
| 2600 | + | amount of indebtedness; [,] 1062 |
---|
| 2601 | + | [(10) all indebtedness authorized and issued pursuant to section 3-1063 |
---|
| 2602 | + | 20g, and] 1064 |
---|
| 2603 | + | [(11) any indebtedness authorized pursuant to section 3-21aa] (I) Any 1065 |
---|
| 2604 | + | accumulated deficit as determined on the basis of generally accepted 1066 |
---|
| 2605 | + | accounting principles, as prescribed by the Governmental Accounting 1067 |
---|
| 2606 | + | Standards Board; 1068 |
---|
| 2607 | + | Bill No. |
---|
| 2608 | + | |
---|
| 2609 | + | |
---|
| 2610 | + | |
---|
| 2611 | + | LCO No. 4094 57 of 61 |
---|
| 2612 | + | |
---|
| 2613 | + | (J) Any indebtedness authorized pursuant to any section of the 1069 |
---|
| 2614 | + | general statutes or any public or special act that is by its terms not in 1070 |
---|
| 2615 | + | effect until a future date, provided such indebtedness shall be included 1071 |
---|
| 2616 | + | from the date such authorization is in effect; and 1072 |
---|
| 2617 | + | (K) All indebtedness authorized and issued pursuant to a declaration 1073 |
---|
| 2618 | + | by the Governor of an emergency or the existence of extraordinary 1074 |
---|
| 2619 | + | circumstances and for which at least three-fifths of the members of each 1075 |
---|
| 2620 | + | house of the General Assembly has voted to authorize such 1076 |
---|
| 2621 | + | indebtedness. [In computing the amount of outstanding indebtedness, 1077 |
---|
| 2622 | + | only the accreted value of any capital appreciation obligation or any 1078 |
---|
| 2623 | + | zero coupon obligation which has accreted and been added to the stated 1079 |
---|
| 2624 | + | initial value of such obligation as of the date of any computation shall 1080 |
---|
| 2625 | + | be included.] 1081 |
---|
| 2626 | + | (b) The foregoing limitation on the aggregate amount of indebtedness 1082 |
---|
| 2627 | + | of the state shall not prevent the issuance of (1) obligations to refund or 1083 |
---|
| 2628 | + | replace any such indebtedness existing at any time in an amount not 1084 |
---|
| 2629 | + | exceeding such existing indebtedness, or (2) obligations in anticipation 1085 |
---|
| 2630 | + | of revenues to be received by the state during the period of twelve 1086 |
---|
| 2631 | + | calendar months next following their issuance, or (3) obligations 1087 |
---|
| 2632 | + | payable solely from revenues of particular public improvements. 1088 |
---|
| 2633 | + | (c) For the purposes of this section, but subject to the exclusions or 1089 |
---|
| 2634 | + | deductions herein provided for, the state shall be deemed to be indebted 1090 |
---|
| 2635 | + | upon, and to issue, all bonds and notes issued or guaranteed by it and 1091 |
---|
| 2636 | + | payable from General Fund tax receipts. To the extent necessary because 1092 |
---|
| 2637 | + | of the debt limitation herein provided, priorities with respect to the 1093 |
---|
| 2638 | + | issuance or guaranteeing of bonds or notes by the state shall be 1094 |
---|
| 2639 | + | determined by the State Bond Commission. 1095 |
---|
| 2640 | + | (d) The General Assembly shall not approve any bill [which] that 1096 |
---|
| 2641 | + | authorizes the issuance of any bonds, notes or other evidences of 1097 |
---|
| 2642 | + | indebtedness unless such bill has attached to it a certification by the 1098 |
---|
| 2643 | + | Treasurer that the amount of authorizations within the bill will not 1099 |
---|
| 2644 | + | Bill No. |
---|
| 2645 | + | |
---|
| 2646 | + | |
---|
| 2647 | + | |
---|
| 2648 | + | LCO No. 4094 58 of 61 |
---|
| 2649 | + | |
---|
| 2650 | + | cause the total amount of indebtedness calculated in accordance with 1100 |
---|
| 2651 | + | this section to exceed the limit for indebtedness set forth in this section. 1101 |
---|
| 2652 | + | The president pro tempore of the Senate or the speaker of the House of 1102 |
---|
| 2653 | + | Representatives, or their designees, shall notify the Treasurer prior to 1103 |
---|
| 2654 | + | consideration of such bill in the first chamber. 1104 |
---|
| 2655 | + | (e) The State Bond Commission shall not adopt any resolution 1105 |
---|
| 2656 | + | [which] that authorizes the issuance of any bonds, notes or other 1106 |
---|
| 2657 | + | evidences of indebtedness unless such resolution has attached to it a 1107 |
---|
| 2658 | + | certification by the Treasurer that the amount of such authorization will 1108 |
---|
| 2659 | + | not cause the total amount of indebtedness calculated in accordance 1109 |
---|
| 2660 | + | with this section to exceed the limit for indebtedness set forth in this 1110 |
---|
| 2661 | + | section. 1111 |
---|
| 2662 | + | (f) (1) (A) On and after July 1, 2018, and prior to July 1, 2023, the 1112 |
---|
| 2663 | + | Treasurer may not issue general obligation bonds or notes pursuant to 1113 |
---|
| 2664 | + | section 3-20, as amended by this act, or credit revenue bonds pursuant 1114 |
---|
| 2665 | + | to section 3-20j that exceed in the aggregate one billion nine hundred 1115 |
---|
| 2666 | + | million dollars in any fiscal year. Commencing July 1, 2019, and [each 1116 |
---|
| 2667 | + | fiscal year thereafter] through June 30, 2023, the aggregate limit shall be 1117 |
---|
| 2668 | + | adjusted in accordance with any change in the consumer price index for 1118 |
---|
| 2669 | + | all urban consumers for the preceding calendar year, less food and 1119 |
---|
| 2670 | + | energy, as published by the United States Department of Labor, Bureau 1120 |
---|
| 2671 | + | of Labor Statistics. 1121 |
---|
| 2672 | + | (B) For the fiscal year commencing July 1, 2023, and for each fiscal 1122 |
---|
| 2673 | + | year thereafter, the Treasurer may not issue general obligation bonds or 1123 |
---|
| 2674 | + | notes pursuant to section 3-20, as amended by this act, or credit revenue 1124 |
---|
| 2675 | + | bonds pursuant to section 3-20j that exceed in the aggregate of two 1125 |
---|
| 2676 | + | billion four hundred million dollars in the aggregate in any fiscal year. 1126 |
---|
| 2677 | + | Commencing July 1, 2024, and each fiscal year thereafter, the aggregate 1127 |
---|
| 2678 | + | limit shall be adjusted in accordance with any change in the consumer 1128 |
---|
| 2679 | + | price index for all urban consumers for the preceding calendar year, less 1129 |
---|
| 2680 | + | food and energy, as published by the United States Department of 1130 |
---|
| 2681 | + | Labor, Bureau of Labor Statistics. 1131 |
---|
| 2682 | + | Bill No. |
---|
| 2683 | + | |
---|
| 2684 | + | |
---|
| 2685 | + | |
---|
| 2686 | + | LCO No. 4094 59 of 61 |
---|
| 2687 | + | |
---|
| 2688 | + | [(B)] (2) Any calculation made pursuant to [subparagraph (A) of this] 1132 |
---|
| 2689 | + | subdivision (1) of this subsection shall not include [(i)] (A) any general 1133 |
---|
| 2690 | + | obligation bonds issued as part of CSCU 2020, as defined in subdivision 1134 |
---|
| 2691 | + | (3) of section 10a-91c, or UConn 2000, as defined in subdivision (25) of 1135 |
---|
| 2692 | + | section 10a-109c, [(ii)] (B) any bonds, notes or other evidences of 1136 |
---|
| 2693 | + | indebtedness for borrowed money which are issued for the purpose of 1137 |
---|
| 2694 | + | refunding other bonds, notes or other evidences of indebtedness, [(iii)] 1138 |
---|
| 2695 | + | or (C) obligations in anticipation of revenues to be received by the state 1139 |
---|
| 2696 | + | during the twelve calendar months next following their issuance. [, or 1140 |
---|
| 2697 | + | (iv) any indebtedness authorized pursuant to section 3-21aa. 1141 |
---|
| 2698 | + | (2) (A) Not later than January 1, 2018, and January first annually 1142 |
---|
| 2699 | + | thereafter, the Treasurer shall provide the Governor with a list of 1143 |
---|
| 2700 | + | allocated but unissued bonds. The Governor shall post such list on the 1144 |
---|
| 2701 | + | Internet web site of the office of the Governor. 1145 |
---|
| 2702 | + | (B) Notwithstanding section 4-85, the Governor shall not approve 1146 |
---|
| 2703 | + | allotment requisitions pursuant to said section that would result in the 1147 |
---|
| 2704 | + | issuance of general obligation bonds or notes pursuant to section 3-20 1148 |
---|
| 2705 | + | or credit revenue bonds pursuant to section 3-20j that exceed in the 1149 |
---|
| 2706 | + | aggregate one billion nine hundred million dollars in any fiscal year. 1150 |
---|
| 2707 | + | Commencing July 1, 2019, and each fiscal year thereafter, the aggregate 1151 |
---|
| 2708 | + | limit shall be adjusted in accordance with any change in the consumer 1152 |
---|
| 2709 | + | price index for all urban consumers for the preceding calendar year, less 1153 |
---|
| 2710 | + | food and energy, as published by the United States Department of 1154 |
---|
| 2711 | + | Labor, Bureau of Labor Statistics. Not later than April 1, 2018, and April 1155 |
---|
| 2712 | + | first annually thereafter, the Governor shall provide the Treasurer with 1156 |
---|
| 2713 | + | a list of general obligation bond and credit revenue bond expenditures 1157 |
---|
| 2714 | + | that can be made July first commencing the next fiscal year totaling not 1158 |
---|
| 2715 | + | more than one billion nine hundred million dollars. Commencing July 1159 |
---|
| 2716 | + | 1, 2019, and each fiscal year thereafter, the aggregate limit shall be 1160 |
---|
| 2717 | + | adjusted in accordance with any change in the consumer price index for 1161 |
---|
| 2718 | + | all urban consumers for the preceding calendar year, less food and 1162 |
---|
| 2719 | + | energy, as published by the United States Department of Labor, Bureau 1163 |
---|
| 2720 | + | of Labor Statistics. The Governor shall post such list on the Internet web 1164 |
---|
| 2721 | + | Bill No. |
---|
| 2722 | + | |
---|
| 2723 | + | |
---|
| 2724 | + | |
---|
| 2725 | + | LCO No. 4094 60 of 61 |
---|
| 2726 | + | |
---|
| 2727 | + | site of the office of the Governor. 1165 |
---|
| 2728 | + | (C) Any calculation made pursuant to subparagraph (B) of this 1166 |
---|
| 2729 | + | subdivision shall not include (i) any general obligation bonds issued as 1167 |
---|
| 2730 | + | part of CSCU 2020, as defined in subdivision (3) of section 10a-91c, or 1168 |
---|
| 2731 | + | UConn 2000, as defined in subdivision (25) of section 10a-109c, (ii) any 1169 |
---|
| 2732 | + | bonds, notes or other evidences of indebtedness for borrowed money 1170 |
---|
| 2733 | + | which are issued for the purpose of refunding other bonds, notes or 1171 |
---|
| 2734 | + | other evidences of indebtedness, (iii) obligations in anticipation of 1172 |
---|
| 2735 | + | revenues to be received by the state during the twelve calendar months 1173 |
---|
| 2736 | + | next following their issuance, or (iv) any indebtedness authorized 1174 |
---|
| 2737 | + | pursuant to section 3-21aa.] 1175 |
---|
| 2738 | + | (3) Notwithstanding the provisions of section 4-85, the Governor 1176 |
---|
| 2739 | + | shall not approve allotment requisitions pursuant to said section of 1177 |
---|
| 2740 | + | general obligation bonds or notes or credit revenue bonds in an amount 1178 |
---|
| 2741 | + | greater than the issuance limit set forth in subdivision (1) of subsection 1179 |
---|
| 2742 | + | (f) of this section. 1180 |
---|
| 2743 | + | (g) The provisions of this section shall not apply to any bonds, notes 1181 |
---|
| 2744 | + | or other evidences of indebtedness for borrowed money which are 1182 |
---|
| 2745 | + | issued for the purpose of: (1) Meeting cash flow needs; [or] (2) covering 1183 |
---|
| 2746 | + | emergency needs in times of natural disaster; or (3) funding any budget 1184 |
---|
| 2747 | + | deficits of the state for any fiscal year. 1185 |
---|
| 2748 | + | Sec. 19. Section 3-21aa of the general statutes is repealed. (Effective July 1186 |
---|
| 2749 | + | 1, 2023) 1187 |
---|
| 2750 | + | This act shall take effect as follows and shall amend the following |
---|
| 2751 | + | sections: |
---|
| 2752 | + | |
---|
| 2753 | + | Section 1 from passage SA 21-15, Sec. 41 |
---|
| 2754 | + | Sec. 2 from passage New section |
---|
| 2755 | + | Sec. 3 from passage New section |
---|
| 2756 | + | Sec. 4 from passage New section |
---|
| 2757 | + | Sec. 5 from passage 32-235(b) |
---|
| 2758 | + | Sec. 6 from passage 10a-109d(a) |
---|
| 2759 | + | Bill No. |
---|
| 2760 | + | |
---|
| 2761 | + | |
---|
| 2762 | + | |
---|
| 2763 | + | LCO No. 4094 61 of 61 |
---|
| 2764 | + | |
---|
| 2765 | + | Sec. 7 from passage 10a-109g(a) |
---|
| 2766 | + | Sec. 8 from passage 10-76g |
---|
| 2767 | + | Sec. 9 from passage 10-76d(e)(2) |
---|
| 2768 | + | Sec. 10 from passage 10-253(b) |
---|
| 2769 | + | Sec. 11 from passage 22a-243(1) and (2) |
---|
| 2770 | + | Sec. 12 from passage 5-198 |
---|
| 2771 | + | Sec. 13 from passage 5-216 |
---|
| 2772 | + | Sec. 14 July 1, 2023 3-20(bb) |
---|
| 2773 | + | Sec. 15 July 1, 2023 4-30a |
---|
| 2774 | + | Sec. 16 July 1, 2023 2-33c |
---|
| 2775 | + | Sec. 17 July 1, 2023 3-20(d)(2) |
---|
| 2776 | + | Sec. 18 July 1, 2023 3-21 |
---|
| 2777 | + | Sec. 19 July 1, 2023 Repealer section |
---|