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General Assembly Governor's Bill No. 16
February Session, 2024
LCO No. 469
Referred to Committee on FINANCE, REVENUE AND
BONDING
Introduced by:
Request of the Governor Pursuant
to Joint Rule 9
AN ACT CONCERNING REVENUE ITEMS TO IMPLEMENT THE
GOVERNOR'S BUDGET.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. Section 20-93 of the general statutes is repealed and the 1
following is substituted in lieu thereof (Effective July 1, 2024): 2
Any person who shows to the satisfaction of the department that he 3
or she holds a degree, diploma or certificate from an accredited 4
institution evidencing satisfactory completion of a nursing program 5
approved by said board with the consent of the Commissioner of Public 6
Health shall be eligible for examination for licensure as a registered 7
nurse, [upon payment of a fee of one hundred eighty dollars,] the 8
subjects of which examination shall be determined by said department 9
with the advice and consent of the board. If such applicant passes such 10
examination said department shall issue to such applicant a license to 11
practice nursing in this state. 12 Governor's Bill No. 16
LCO No. 469 2 of 40
Sec. 2. Subsection (a) of section 20-94 of the general statutes is 13
repealed and the following is substituted in lieu thereof (Effective July 1, 14
2024): 15
(a) [(1)] Any registered nurse who is licensed at the time of 16
application in another state of the United States, the District of Columbia 17
or a commonwealth or territory subject to the laws of the United States, 18
[which] that has licensure requirements that are substantially similar to 19
or higher than those of this state shall be eligible for licensure in this 20
state and entitled to a license without examination. [upon payment of a 21
fee of one hundred eighty dollars.] No license shall be issued under this 22
section to any applicant against whom professional disciplinary action 23
is pending or who is the subject of an unresolved complaint. The 24
department shall inform the board annually of the number of 25
applications it receives for licenses under this section. 26
[(2) For the period from October 1, 2004, to one year after said date, 27
any advanced practice registered nurse licensed pursuant to section 20-28
94a whose license as a registered nurse pursuant to section 20-93 has 29
become void pursuant to section 19a-88, shall be eligible for licensure 30
and entitled to a license without examination upon receipt of a 31
completed application form and payment of a fee of one hundred eighty 32
dollars.] 33
Sec. 3. Section 20-94a of the 2024 supplement to the general statutes 34
is repealed and the following is substituted in lieu thereof (Effective July 35
1, 2024): 36
(a) The Department of Public Health may issue an advanced practice 37
registered nurse license to a person seeking to perform the activities 38
described in subsection (b) of section 20-87a [, upon receipt of a fee of 39
two hundred dollars,] to an applicant who: (1) Maintains a license as a 40
registered nurse in this state, as provided by section 20-93, as amended 41
by this act, or 20-94, as amended by this act; (2) holds and maintains 42
current certification as a nurse practitioner, a clinical nurse specialist or 43
a nurse anesthetist from one of the following national certifying bodies 44 Governor's Bill No. 16
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that certify nurses in advanced practice: The American Nurses' 45
Association, the Nurses' Association of the American College of 46
Obstetricians and Gynecologists Certification Corporation, the National 47
Board of Pediatric Nurse Practitioners and Associates or the American 48
Association of Nurse Anesthetists, their successors or other appropriate 49
national certifying bodies approved by the Board of Examiners for 50
Nursing; (3) has completed thirty hours of education in pharmacology 51
for advanced nursing practice; and (4) (A) holds a graduate degree in 52
nursing or in a related field recognized for certification as either a nurse 53
practitioner, a clinical nurse specialist, or a nurse anesthetist by one of 54
the foregoing certifying bodies, or (B) (i) on or before December 31, 2004, 55
completed an advanced nurse practitioner program that a national 56
certifying body identified in subdivision (2) of subsection (a) of this 57
section recognized for certification of a nurse practitioner, clinical nurse 58
specialist, or nurse anesthetist, and (ii) at the time of application, holds 59
a current license as an advanced practice registered nurse in another 60
state that requires a master's degree in nursing or a related field for such 61
licensure. No license shall be issued under this section to any applicant 62
against whom professional disciplinary action is pending or who is the 63
subject of an unresolved complaint. 64
(b) During the period commencing January 1, 1990, and ending 65
January 1, 1992, the Department of Public Health may in its discretion 66
allow a registered nurse, who has been practicing as an advanced 67
practice registered nurse in a nurse practitioner role and who is unable 68
to obtain certification as a nurse practitioner by one of the national 69
certifying bodies specified in subsection (a) of this section, to be licensed 70
as an advanced practice registered nurse, provided [the individual] such 71
person: 72
(1) Holds a current Connecticut license as a registered nurse pursuant 73
to this chapter; 74
(2) Presents the department with documentation of the reasons one 75
of such national certifying bodies will not certify him as a nurse 76
practitioner; 77 Governor's Bill No. 16
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(3) Has been in active practice as a nurse practitioner for at least five 78
years in a facility licensed pursuant to section 19a-491; 79
(4) Provides the department with documentation of his preparation 80
as a nurse practitioner; 81
(5) Provides the department with evidence of at least seventy-five 82
contact hours, or its equivalent, of continuing education related to his 83
nurse practitioner specialty in the preceding five calendar years; 84
(6) Has completed thirty hours of education in pharmacology for 85
advanced nursing practice; 86
(7) Has his employer provide the department with a description of 87
his practice setting, job description, and a plan for supervision by a 88
licensed physician; and 89
(8) Notifies the department of each change of employment to a new 90
setting where he will function as an advanced practice registered nurse 91
and will be exercising prescriptive and dispensing privileges. 92
(c) Any person who obtains a license pursuant to subsection (b) of 93
this section shall be eligible to renew such license annually provided he 94
presents the department with evidence that he received at least fifteen 95
contact hours, or its equivalent, eight hours of which shall be in 96
pharmacology, of continuing education related to his nurse practitioner 97
specialty in the preceding licensure year. If [an individual] a person 98
licensed pursuant to subsection (b) of this subsection becomes eligible 99
at any time for certification as a nurse practitioner by one of the national 100
certifying bodies specified in subsection (a) of this section, [the 101
individual] such person shall apply for certification, and upon 102
certification so notify the department, and apply to be licensed as an 103
advanced practice registered nurse in accordance with subsection (a) of 104
this section. 105
(d) On and after October 1, 2023, a person [,] who is not eligible for 106
licensure under subsection (a) of this section [,] may apply for licensure 107 Governor's Bill No. 16
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by endorsement as an advanced practice registered nurse. Such 108
applicant shall [(1)] present evidence satisfactory to the Commissioner 109
of Public Health that the applicant has acquired three years of 110
experience as an advanced practice registered nurse, or as a person 111
entitled to perform similar services under a different designation, in 112
another state or jurisdiction that has requirements for practicing in such 113
capacity that are substantially similar to, or higher than, those of this 114
state and that there are no disciplinary actions or unresolved complaints 115
pending against such person. [, and (2) pay a fee of two hundred dollars 116
to the commissioner.] 117
(e) A person who has received a license pursuant to this section shall 118
be known as an "Advanced Practice Registered Nurse" and no other 119
person shall assume such title or use the letters or figures [which] that 120
indicate that the person using the same is a licensed advanced practice 121
registered nurse. 122
Sec. 4. Section 20-96 of the general statutes is repealed and the 123
following is substituted in lieu thereof (Effective July 1, 2024): 124
Any person who holds a certificate from a nursing program 125
approved by said board with the consent of the Commissioner of Public 126
Health, which program consists of not less than twelve months' 127
instruction in the care of the sick as prescribed by said board, or its 128
equivalent as determined by said board, shall be eligible for 129
examination for licensure as a licensed practical nurse. [upon payment 130
of a fee of one hundred fifty dollars.] Such examination shall include 131
such subjects as the department, with the advice and consent of the 132
board, determines. If such applicant passes such examination said 133
department shall issue to such applicant a license to practice as a 134
licensed practical nurse in this state. 135
Sec. 5. Subsection (a) of section 20-97 of the general statutes is 136
repealed and the following is substituted in lieu thereof (Effective July 1, 137
2024): 138
(a) Any person who is licensed at the time of application as a licensed 139 Governor's Bill No. 16
LCO No. 469 6 of 40
practical nurse, or as a person entitled to perform similar services under 140
a different designation, in another state of the United States, the District 141
of Columbia or a commonwealth or territory subject to the laws of the 142
United States whose requirements for licensure in such capacity are 143
equivalent to or higher than those of this state, shall be eligible for 144
licensure in this state and entitled to a license without examination. 145
[upon payment of a fee of one hundred fifty dollars.] If such other state, 146
district, commonwealth or territory issues licenses based on completion 147
of a practical nursing education program that is shorter in length than 148
the minimum length for this state's practical nursing education 149
programs or based on partial completion of a registered nursing 150
education program, an applicant for licensure under this section may 151
substitute licensed clinical work experience that: (1) Is performed under 152
the supervision of a licensed registered nurse; (2) occurs following the 153
completion of a nursing education program; and (3) when combined 154
with the applicant's educational program, equals or exceeds the 155
minimum program length for licensed practical nursing education 156
programs approved in this state. No license shall be issued under this 157
section to any applicant against whom professional disciplinary action 158
is pending or who is the subject of an unresolved complaint. The 159
department shall inform the board annually of the number of 160
applications it receives for licenses under this section. 161
Sec. 6. Subdivision (1) of subsection (b) of section 19a-87b of the 2024 162
supplement to the general statutes is repealed and the following is 163
substituted in lieu thereof (Effective July 1, 2024): 164
(b) (1) No person shall act as an assistant or substitute staff member 165
to a person or entity maintaining a family child care home, as defined in 166
section 19a-77, without an approval issued by the commissioner. Any 167
person seeking to act as an assistant or substitute staff member in a 168
family child care home shall submit an application for such approval to 169
the office. Applications for approval shall [: (A) Be] be made to the 170
commissioner on forms provided by the office [, (B)] and contain the 171
information required by regulations adopted under this section. [, and 172
(C) be accompanied by a fee of fifteen dollars.] The approval application 173 Governor's Bill No. 16
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forms shall contain a notice that false statements made in such form are 174
punishable in accordance with section 53a-157b. 175
Sec. 7. Subsections (d) and (e) of section 19a-87b of the 2024 176
supplement to the general statutes are repealed and the following is 177
substituted in lieu thereof (Effective July 1, 2024): 178
(d) [An] No fee shall be required for an application for initial 179
licensure pursuant to this section [shall be accompanied by a fee of forty 180
dollars] and such license shall be issued for a term of four years. An 181
application for renewal of a license issued pursuant to this section shall 182
be accompanied by a fee of forty dollars and a certification from the 183
licensee that any child enrolled in the family child care home has 184
received age-appropriate immunizations in accordance with 185
regulations adopted pursuant to subsection (f) of this section. A license 186
issued pursuant to this section shall be renewed for a term of four years. 187
In the case of an applicant submitting an application for renewal of a 188
license that has expired, and who has ceased operations of a family child 189
care home due to such expired license, the commissioner may renew 190
such expired license within thirty days of the date of such expiration 191
upon receipt of an application for renewal that is accompanied by such 192
fee and such certification. 193
(e) [An] No fee shall be required for an application for initial staff 194
approval. [or] An application for renewal of staff approval shall be 195
accompanied by a fee of fifteen dollars. Such approvals shall be issued 196
or renewed for a term of two years. 197
Sec. 8. Subsection (l) of section 10-145b of the general statutes is 198
repealed and the following is substituted in lieu thereof (Effective July 1, 199
2024): 200
(l) Upon application to the State Board of Education for the issuance 201
of any certificate in accordance with this section and section 10-145d, 202
there shall be paid to the board by or on behalf of the applicant a 203
nonreturnable fee of [two hundred dollars in the case of an applicant for 204
an initial educator certificate,] two hundred fifty dollars in the case of 205 Governor's Bill No. 16
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an applicant for a provisional educator certificate and three hundred 206
seventy-five dollars in the case of an applicant for a professional 207
educator certificate, except that such applicants for certificates for 208
teaching adult education programs mandated under subparagraph (A) 209
of subsection (a) of section 10-69 shall pay a fee of one hundred dollars; 210
[persons] an applicant for an initial educator certificate shall not be 211
required to pay any such fees. Persons eligible for a certificate or 212
endorsement for which the fee is less than that applied for shall receive 213
an appropriate refund; persons not eligible for any certificate shall 214
receive a refund of the application fee minus fifty dollars; and persons 215
holding standard or permanent certificates on July 1, 1989, who apply 216
for professional certificates to replace the standard or permanent 217
certificates, shall not be required to pay such a fee. Upon application to 218
the State Board of Education for the issuance of a subject area 219
endorsement there shall be paid to the board by or on behalf of such 220
applicant a nonreturnable fee of one hundred dollars. With each request 221
for a duplicate copy of any such certificate or endorsement there shall 222
be paid to the board a nonreturnable fee of fifty dollars. 223
Sec. 9. Section 3-115b of the 2024 supplement to the general statutes 224
is repealed and the following is substituted in lieu thereof (Effective from 225
passage): 226
(a) Commencing with the fiscal year ending June 30, 2014, the 227
Comptroller, in the Comptroller's sole discretion, may initiate a process 228
intended to result in the implementation of the use of generally accepted 229
accounting principles, as prescribed by the Governmental Accounting 230
Standards Board, with respect to the preparation and maintenance of 231
the annual financial statements of the state pursuant to section 3-115. 232
(b) Commencing with the fiscal year ending June 30, 2014, the 233
Secretary of the Office of Policy and Management shall initiate a process 234
intended to result in the implementation of generally accepted 235
accounting principles, as prescribed by the Governmental Accounting 236
Standards Board, with respect to the preparation of the biennial budget 237
of the state. 238 Governor's Bill No. 16
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[(c) The Comptroller shall establish an opening combined balance 239
sheet for each appropriated fund as of July 1, 2013, on the basis of 240
generally accepted accounting principles. The accumulated deficit in the 241
General Fund on June 30, 2013, as determined on the basis of generally 242
accepted accounting principles and identified in the annual 243
comprehensive financial report of the state as the unassigned negative 244
balance of the General Fund on said date, reduced by any funds 245
deposited in the General Fund from other resources for the purpose of 246
reducing the negative unassigned balance of the fund, shall be 247
amortized in each fiscal year of each biennial budget, commencing with 248
the fiscal year ending June 30, 2016, and for the succeeding twelve fiscal 249
years. The Comptroller shall, to the extent necessary to report the fiscal 250
position of the state in accordance with generally accepted accounting 251
principles, reconcile the unassigned balance in the General Fund at the 252
end of each fiscal year to the unassigned balance in the General Fund on 253
June 30, 2013, the portion already amortized and any unassigned 254
balance created after June 30, 2013. The Secretary of the Office of Policy 255
and Management shall annually publish a recommended amortization 256
schedule to fully reduce such negative unassigned balance by June 30, 257
2028. 258
(d) The unreserved negative balance in the General Fund reported in 259
the annual comprehensive financial report issued by the Comptroller 260
for the fiscal year ending June 30, 2014, reduced by (1) the negative 261
unassigned balance in the General Fund for the fiscal year ending June 262
30, 2013, and (2) any funds from other resources deposited in the 263
General Fund for the purpose of reducing the negative unassigned 264
balance of the fund shall be amortized in each fiscal year of each biennial 265
budget, commencing with the fiscal year ending June 30, 2018, and for 266
the succeeding ten fiscal years. The Secretary of the Office of Policy and 267
Management shall annually publish a recommended amortization 268
schedule to fully reduce such negative unassigned balance by June 30, 269
2028.] 270 Governor's Bill No. 16
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Sec. 10. Section 4-66p of the 2024 supplement to the general statutes 271
is repealed and the following is substituted in lieu thereof (Effective July 272
1, 2024): 273
(a) As used in this section, unless the context otherwise requires: 274
(1) "Mill rate" means, unless otherwise specified, the mill rate a 275
municipality uses to calculate tax bills for motor vehicles; 276
(2) "Municipality" means any town, city, consolidated town and city 277
or consolidated town and borough; 278
(3) "District" means any fire district; and 279
(4) "Secretary" means the Secretary of the Office of Policy and 280
Management. 281
[(a)] (b) There is established a fund to be known as the "Municipal 282
Revenue Sharing Fund" which shall be a separate, nonlapsing fund. The 283
fund shall contain any moneys required by law to be deposited in the 284
fund. Moneys in the fund shall be expended by the Secretary of the 285
Office of Policy and Management for the purposes of providing grants 286
pursuant to subsections (c) to [(f)] (e), inclusive, of this section. 287
[(b) For the fiscal year ending June 30, 2017, ten million dollars shall 288
be transferred from such fund not later than April fifteenth for the 289
purposes of grants under section 10-262h.] 290
(c) (1) For the fiscal year ending June 30, 2023, and each fiscal year 291
thereafter, motor vehicle property tax grants shall be made to: 292
(A) Municipalities that imposed mill rates greater than 32.46 mills on 293
real property and personal property other than motor vehicles for the 294
preceding fiscal year, in an amount equal to the difference between (i) 295
the amount of property taxes the municipality would have levied on 296
motor vehicles for the preceding fiscal year if the mill rate imposed on 297
motor vehicles for such year was 32.46 mills, and (ii) the amount of 298
property taxes the municipality would have levied on motor vehicles 299 Governor's Bill No. 16
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for the preceding fiscal year if the mill rate imposed on motor vehicles 300
for such year was equal to the mill rate imposed on real property and 301
personal property other than motor vehicles for such year; and 302
(B) Districts that imposed mill rates that, when combined with the 303
mill rate of the municipality in which the district is located, were greater 304
than 32.46 mills on real property and personal property other than 305
motor vehicles for the preceding fiscal year, in an amount equal to the 306
difference between (i) the amount of property taxes the district would 307
have levied on motor vehicles for the preceding fiscal year if the mill 308
rate imposed on motor vehicles for such year, when combined with the 309
mill rate imposed on motor vehicles for such year by the municipality 310
in which the district is located, was 32.46 mills, and (ii) the amount of 311
property taxes the district would have levied on motor vehicles for the 312
preceding fiscal year if the mill rate imposed on motor vehicles for such 313
year, when combined with the mill rate imposed on motor vehicles for 314
such year by the municipality in which the district is located, was equal 315
to the mill rate imposed by the district on real property and personal 316
property other than motor vehicles for such year. 317
[(c)] (2) For the fiscal year ending June 30, 2024, and each fiscal year 318
thereafter, moneys sufficient to make motor vehicle property tax grants 319
payable to municipalities pursuant to [subsection (c) of section 4-66l] 320
subdivision (1) of this subsection shall be expended not later than 321
August first annually by the secretary. 322
(d) For the fiscal year ending June 30, 2024, and each fiscal year 323
thereafter, moneys sufficient to make the grants payable pursuant to 324
subsections (d) and (e) of section 12-18b shall be expended by the 325
secretary. 326
(e) (1) For the fiscal year ending June 30, 2024, and each fiscal year 327
thereafter, each municipality or district listed below shall receive the 328
following supplemental revenue sharing grant payable not later than 329
October thirty-first annually: 330
T1 Grantee Grant Amount Governor's Bill No. 16
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T2
T3 Andover 43,820
T4 Ansonia -
T5 Ashford 44,498
T6 Avon 142,054
T7 Barkhamsted -
T8 Beacon Falls -
T9 Berlin 258,989
T10 Bethany 26,746
T11 Bethel -
T12 Bethlehem 40,552
T13 Bloomfield 291,027
T14 Bolton 11,053
T15 Bozrah -
T16 Branford -
T17 Bridgeport 6,059,559
T18 Bridgewater -
T19 Bristol 234,651
T20 Brookfield 272,396
T21 Brooklyn -
T22 Burlington 34,417
T23 Canaan 24,132
T24 Canaan Fire District 100,000
T25 Canterbury 94,624
T26 Canton -
T27 Chaplin 34,779
T28 Cheshire 241,134
T29 Chester -
T30 Clinton 288,473
T31 Colchester 134,167
T32 Colebrook -
T33 Columbia 28,393
T34 Cornwall -
T35 Coventry 113,156
T36 Cromwell -
T37 Danbury 1,218,855
T38 Darien -
T39 Deep River -
T40 Derby 205,327
T41 Durham 244,059
T42 Eastford -
T43 East Granby - Governor's Bill No. 16
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T44 East Haddam -
T45 East Hampton 120,397
T46 East Hartford 200,959
T47 East Haven -
T48 East Lyme 524,097
T49 Easton -
T50 East Windsor -
T51 Ellington -
T52 Enfield -
T53 Essex -
T54 Fairfield 191,245
T55 Farmington 802,461
T56 Franklin 25,666
T57 Glastonbury 385,930
T58 Goshen -
T59 Granby -
T60 Greenwich -
T61 Griswold -
T62 Groton 466,668
T63 Guilford 496,560
T64 Haddam -
T65 Hamden 1,646,236
T66 Hampton 28,585
T67 Hartford 15,792,632
T68 Hartland 76,110
T69 Harwinton 39,036
T70 Hebron 125,020
T71 Kent -
T72 Killingly 268,063
T73 Killingworth 155,954
T74 Lebanon 162,740
T75 Ledyard -
T76 Lisbon 139,316
T77 Litchfield 46,905
T78 Lyme -
T79 Madison 175,790
T80 Manchester 780,354
T81 Mansfield 3,291,730
T82 Marlborough 48,977
T83 Meriden 622,306
T84 Middlebury 15,067
T85 Middlefield 14,971 Governor's Bill No. 16
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T86 Middletown -
T87 Milford 1,130,086
T88 Monroe 443,723
T89 Montville 20,897
T90 Morris -
T91 Naugatuck 283,399
T92 New Britain 2,176,332
T93 New Canaan -
T94 New Fairfield 265,666
T95 New Hartford -
T96 New Haven 16,921,822
T97 Newington -
T98 New London 1,112,913
T99 New Milford -
T100 Newtown 267,960
T101 Norfolk 9,911
T102 North Branford 152,031
T103 North Canaan 11,334
T104 North Haven -
T105 North Stonington -
T106 Norwalk 1,780,046
T107 Norwich 210,834
T108 Old Lyme -
T109 Old Saybrook -
T110 Orange 221,467
T111 Oxford 267,543
T112 Plainfield -
T113 Plainville -
T114 Plymouth -
T115 Pomfret 23,434
T116 Portland -
T117 Preston -
T118 Prospect 73,271
T119 Putnam 71,039
T120 Redding 57,277
T121 Ridgefield 117,659
T122 Rocky Hill 65,602
T123 Roxbury -
T124 Salem 132,694
T125 Salisbury -
T126 Scotland 13,960
T127 Seymour - Governor's Bill No. 16
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T128 Sharon -
T129 Shelton -
T130 Sherman -
T131 Simsbury -
T132 Somers 240,198
T133 Southbury 74,062
T134 Southington -
T135 South Windsor 57,854
T136 Sprague -
T137 Stafford -
T138 Stamford 1,846,049
T139 Sterling -
T140 Stonington 218,992
T141 Stratford -
T142 Suffield 206,051
T143 Thomaston -
T144 Thompson 4,459
T145 Tolland 322,977
T146 Torrington 72,539
T147 Trumbull 604,706
T148 Union -
T149 Vernon 330,755
T150 Voluntown -
T151 Wallingford -
T152 Warren -
T153 Washington -
T154 Waterbury 5,582,559
T155 Waterford -
T156 Watertown -
T157 Westbrook -
T158 West Hartford -
T159 West Haven -
T160 Weston 70,181
T161 Westport 66,133
T162 Wethersfield -
T163 Willington -
T164 Wilton 93,135
T165 Winchester 105,432
T166 Windham 1,349,376
T167 Windsor 357,943
T168 Windsor Locks 150,116
T169 Wolcott 136,938 Governor's Bill No. 16
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T170 Woodbridge 120,477
T171 Woodbury -
T172 Woodstock -
T173 TOTAL 74,672,468
(2) If the total of grants payable to each municipality and district in 331
accordance with subdivision (1) of this subsection exceeds the amount 332
appropriated for the purposes of said subdivision, the amount of the 333
grant payable to each municipality and district shall be reduced 334
proportionately. 335
(3) A municipality may disburse any supplemental revenue sharing 336
grant funds received under this subsection to a district within such 337
municipality. 338
(4) (A) For the fiscal year ending June 30, 2025, and each fiscal year 339
thereafter, no municipality shall receive a grant under this subsection 340
with respect to any fiscal year for which the municipality increases its 341
adopted budget expenditures for such fiscal year by 2.5 per cent or more 342
or the annual increase in the consumer price index for urban consumers 343
during the prior fiscal year, whichever is greater, over the amount of 344
adopted budget expenditures authorized for the prior fiscal year. 345
(B) For a municipality whose population has increased from the prior 346
fiscal year, the cap calculated pursuant to subparagraph (A) of this 347
subdivision shall be increased proportionately to the increase in such 348
municipality's population, as determined by the secretary based on the 349
Department of Public Health's population estimates. The cap shall not 350
be decreased for a municipality whose population has decreased from 351
the prior fiscal year. 352
(C) Not later than thirty days after adoption of its budget, each 353
municipality shall certify to the secretary, in the form and manner 354
prescribed by the secretary, whether the municipality has exceeded the 355
cap set forth in subparagraph (A) of this subdivision and, if so, the 356
amount by which the cap was exceeded. 357 Governor's Bill No. 16
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(D) For purposes of this subdivision, "adopted budget expenditures" 358
includes expenditures from a municipality's general fund including for 359
education, but does not include (i) expenditures for debt service, special 360
education or implementation of court orders or arbitration awards, (ii) 361
expenditures associated with a major disaster or emergency declaration 362
by the President of the United States or a disaster emergency declaration 363
issued by the Governor pursuant to chapter 517, or (iii) budgeting for 364
an audited deficit, nonrecurring grants, nonrecurring capital 365
expenditures of one hundred thousand dollars or more or payments on 366
unfunded pension liabilities or the initial increases due to the 367
consolidation of a special tax district into the municipality. 368
[(f) (1) For the fiscal year ending June 30, 2024, and each fiscal year 369
thereafter, moneys remaining in the Municipal Revenue Sharing Fund, 370
including moneys accrued to the fund during such fiscal year but 371
received after the end of such fiscal year, shall be expended not later 372
than October first following the end of each such fiscal year by the 373
secretary for the purposes of the municipal revenue sharing grants 374
established pursuant to subsection (d) of section 4-66l. 375
(2) The amount of the grant payable to a municipality in any year in 376
accordance with subdivision (1) of this subsection shall be reduced 377
proportionately in the event that the total of such grants in such year 378
exceeds the amount available for such grants in the Municipal Revenue 379
Sharing Fund established pursuant to subsection (a) of this section.] 380
Sec. 11. Subsection (a) of section 12-130 of the general statutes is 381
repealed and the following is substituted in lieu thereof (Effective July 1, 382
2024): 383
(a) When any community, authorized to raise money by taxation, lays 384
a tax, it shall appoint a collector thereof; and the selectmen of towns, and 385
the committees of other communities, except as otherwise specially 386
provided by law, shall make out and sign rate bills containing the 387
proportion which each individual is to pay according to the assessment 388
list; and any judge of the Superior Court or any justice of the peace, on 389 Governor's Bill No. 16
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their application or that of their successors in office, shall issue a warrant 390
for the collection of any sums due on such rate bills. Each collector shall 391
mail or hand to each individual from whom taxes are due a bill for the 392
amount of taxes for which such individual is liable. In addition, the 393
collector shall include with such bill, using one of the following methods 394
of (1) attachment, (2) enclosure, or (3) printed matter upon the face of 395
the bill, a statement of: 396
(A) State aid to municipalities which shall be in the following form: 397
"The (fiscal year) budget for the (city or town) estimates that .... 398
Dollars will be received from the state of Connecticut for various state 399
financed programs. Without this assistance your (fiscal year) property 400
tax would be (herein insert the amount computed in accordance with 401
subsection (b) of this section) mills"; and 402
(B) State aid reduction to municipalities that overspend, which shall 403
be in the following form: 404
"The state will reduce grants to your town if local spending increases 405
by more than 2.5 per cent or the annual increase in the consumer price 406
index for urban consumers during the prior fiscal year, whichever is 407
greater, from the previous fiscal year." 408
Failure to send out or receive any such bill or statement shall not 409
invalidate the tax. For purposes of this subsection, "mail" includes to 410
send by electronic mail, provided an individual from whom taxes are 411
due consents in writing to receive a bill and statement electronically. 412
Prior to sending any such bill or statement by electronic mail, a 413
community shall provide the public with the appropriate electronic mail 414
address of the community on the community's Internet web site and 415
shall establish procedures to ensure that any individual who consents 416
to receive a bill or statement electronically (i) receives such bill or 417
statement, and (ii) is provided the proper return electronic mail address 418
of the community sending the bill or statement. 419 Governor's Bill No. 16
LCO No. 469 19 of 40
Sec. 12. Subparagraph (L) of subdivision (1) of section 12-408 of the 420
2024 supplement to the general statutes is repealed and the following is 421
substituted in lieu thereof (Effective July 1, 2024): 422
(L) [(i) For calendar months commencing on or after July 1, 2021, but 423
prior to July 1, 2023, the commissioner shall deposit into the municipal 424
revenue sharing account established pursuant to section 4-66l seven and 425
nine-tenths per cent of the amounts received by the state from the tax 426
imposed under subparagraph (A) of this subdivision, including such 427
amounts received on or after July 1, 2023, attributable to the fiscal year 428
ending June 30, 2023; and (ii)] For calendar months commencing on or 429
after July 1, 2023, the commissioner shall deposit into the Municipal 430
Revenue Sharing Fund established pursuant to section 4-66p, as 431
amended by this act, seven and nine-tenths per cent of the amounts 432
received by the state from the tax imposed under subparagraph (A) of 433
this subdivision; and 434
Sec. 13. Subparagraph (K) of subdivision (1) of section 12-411 of the 435
2024 supplement to the general statutes is repealed and the following is 436
substituted in lieu thereof (Effective July 1, 2024): 437
(K) [(i) For calendar months commencing on or after July 1, 2021, but 438
prior to July 1, 2023, the commissioner shall deposit into the municipal 439
revenue sharing account established pursuant to section 4-66l seven and 440
nine-tenths per cent of the amounts received by the state from the tax 441
imposed under subparagraph (A) of this subdivision, including such 442
amounts received on or after July 1, 2023, attributable to the fiscal year 443
ending June 30, 2023; and (ii)] For calendar months commencing on or 444
after July 1, 2023, the commissioner shall deposit into the Municipal 445
Revenue Sharing Fund established pursuant to section 4-66p, as 446
amended by this act, seven and nine-tenths per cent of the amounts 447
received by the state from the tax imposed under subparagraph (A) of 448
this subdivision; and 449
Sec. 14. Section 4-66o of the general statutes is repealed and the 450
following is substituted in lieu thereof (Effective July 1, 2024): 451 Governor's Bill No. 16
LCO No. 469 20 of 40
The Secretary of the Office of Policy and Management may establish 452
receivables for the revenue anticipated pursuant to subparagraph [(K)] 453
(L) of subdivision (1) of section 12-408, as amended by this act, and 454
[section 4-66l] subparagraph (K) of subdivision (1) of section 12-411, as 455
amended by this act. 456
Sec. 15. Subsection (b) of section 8-395a of the 2024 supplement to the 457
general statutes is repealed and the following is substituted in lieu 458
thereof (Effective June 1, 2024): 459
(b) There is established a workforce housing opportunity 460
development program to be administered by the Department of 461
Housing under which individuals or entities who make cash 462
contributions to an eligible developer for an eligible workforce housing 463
opportunity development project located in a federally designated 464
opportunity zone may be allowed a credit against the tax due under 465
chapter 208 or 229 in an amount equal to [the amount specified by the 466
commissioner under this section] fifty per cent of the amount of the cash 467
contribution. Any developer of a workforce housing opportunity 468
development project shall be allowed an exemption from any fees under 469
section 29-263 and any eligible workforce housing opportunity 470
development project shall be assessed using the capitalization of net 471
income method under subsection (b) of section 12-63b. 472
Sec. 16. (NEW) (Effective from passage) For taxable years commencing 473
on or after January 1, 2020, but prior to January 1, 2024: 474
(1) A resident of this state who satisfies the provisions of 475
subparagraphs (A) to (D), inclusive, of this subdivision shall be allowed 476
a credit against the tax otherwise due for the applicable taxable year 477
under chapter 229 of the general statutes, other than the liability 478
imposed by section 12-707 of the general statutes, in an amount equal to 479
fifty per cent of the amount of taxes owed to this state as a result of the 480
readjustment of the credit for taxes paid to another state of the United 481
States or a political subdivision thereof or the District of Columbia, 482
pursuant to section 12-704 of the general statutes. To be eligible for the 483 Governor's Bill No. 16
LCO No. 469 21 of 40
credit under this section, such resident shall have: 484
(A) Paid any income tax or wage tax imposed for the taxable year by 485
another state of the United States or a political subdivision thereof or the 486
District of Columbia; 487
(B) Applied for and been denied a refund from such other jurisdiction 488
for taxes paid to such other jurisdiction on income derived from services 489
rendered while such resident was within this state; 490
(C) Filed an appeal with a court or tribunal through which such 491
resident formally protested such denial; and 492
(D) Obtained a final decision that resulted in such resident being 493
refunded taxes paid to such other jurisdiction on income derived from 494
services rendered while such resident was within this state. 495
(2) No penalty or interest shall be imposed on any late payment of 496
the tax due under chapter 229 of the general statutes, other than the 497
liability imposed by section 12-707 of the general statutes, if (A) such 498
late payment is attributable to a reduction in the credit for taxes paid 499
under section 12-704 of the general statutes, (B) such reduction in the 500
credit for taxes paid is the direct result of a refund that a resident of this 501
state received from another state of the United States or a political 502
subdivision thereof or the District of Columbia, (C) such refund relates 503
to income derived from services rendered while such resident was not 504
within such other jurisdiction, and (D) such other jurisdiction requires 505
employee income to be sourced to an employer's location if a 506
nonresident renders services from an out-of-state location. 507
Sec. 17. Subparagraph (B) of subdivision (20) of subsection (a) of 508
section 12-701 of the 2024 supplement to the general statutes is repealed 509
and the following is substituted in lieu thereof (Effective from passage): 510
(B) There shall be subtracted therefrom: 511
(i) To the extent properly includable in gross income for federal 512
income tax purposes, any income with respect to which taxation by any 513 Governor's Bill No. 16
LCO No. 469 22 of 40
state is prohibited by federal law; 514
(ii) To the extent allowable under section 12-718, exempt dividends 515
paid by a regulated investment company; 516
(iii) To the extent properly includable in gross income for federal 517
income tax purposes, the amount of any refund or credit for 518
overpayment of income taxes imposed by this state, or any other state 519
of the United States or a political subdivision thereof, or the District of 520
Columbia; 521
(iv) To the extent properly includable in gross income for federal 522
income tax purposes and not otherwise subtracted from federal 523
adjusted gross income pursuant to clause (x) of this subparagraph in 524
computing Connecticut adjusted gross income, any tier 1 railroad 525
retirement benefits; 526
(v) To the extent any additional allowance for depreciation under 527
Section 168(k) of the Internal Revenue Code for property placed in 528
service after September 27, 2017, was added to federal adjusted gross 529
income pursuant to subparagraph (A)(ix) of this subdivision in 530
computing Connecticut adjusted gross income, twenty-five per cent of 531
such additional allowance for depreciation in each of the four 532
succeeding taxable years; 533
(vi) To the extent properly includable in gross income for federal 534
income tax purposes, any interest income from obligations issued by or 535
on behalf of the state of Connecticut, any political subdivision thereof, 536
or public instrumentality, state or local authority, district or similar 537
public entity created under the laws of the state of Connecticut; 538
(vii) To the extent properly includable in determining the net gain or 539
loss from the sale or other disposition of capital assets for federal income 540
tax purposes, any gain from the sale or exchange of obligations issued 541
by or on behalf of the state of Connecticut, any political subdivision 542
thereof, or public instrumentality, state or local authority, district or 543
similar public entity created under the laws of the state of Connecticut, 544 Governor's Bill No. 16
LCO No. 469 23 of 40
in the income year such gain was recognized; 545
(viii) Any interest on indebtedness incurred or continued to purchase 546
or carry obligations or securities the interest on which is subject to tax 547
under this chapter but exempt from federal income tax, to the extent that 548
such interest on indebtedness is not deductible in determining federal 549
adjusted gross income and is attributable to a trade or business carried 550
on by such individual; 551
(ix) Ordinary and necessary expenses paid or incurred during the 552
taxable year for the production or collection of income which is subject 553
to taxation under this chapter but exempt from federal income tax, or 554
the management, conservation or maintenance of property held for the 555
production of such income, and the amortizable bond premium for the 556
taxable year on any bond the interest on which is subject to tax under 557
this chapter but exempt from federal income tax, to the extent that such 558
expenses and premiums are not deductible in determining federal 559
adjusted gross income and are attributable to a trade or business carried 560
on by such individual; 561
(x) (I) For taxable years commencing prior to January 1, 2019, for a 562
person who files a return under the federal income tax as an unmarried 563
individual whose federal adjusted gross income for such taxable year is 564
less than fifty thousand dollars, or as a married individual filing 565
separately whose federal adjusted gross income for such taxable year is 566
less than fifty thousand dollars, or for a husband and wife who file a 567
return under the federal income tax as married individuals filing jointly 568
whose federal adjusted gross income for such taxable year is less than 569
sixty thousand dollars or a person who files a return under the federal 570
income tax as a head of household whose federal adjusted gross income 571
for such taxable year is less than sixty thousand dollars, an amount 572
equal to the Social Security benefits includable for federal income tax 573
purposes; 574
(II) For taxable years commencing prior to January 1, 2019, for a 575
person who files a return under the federal income tax as an unmarried 576 Governor's Bill No. 16
LCO No. 469 24 of 40
individual whose federal adjusted gross income for such taxable year is 577
fifty thousand dollars or more, or as a married individual filing 578
separately whose federal adjusted gross income for such taxable year is 579
fifty thousand dollars or more, or for a husband and wife who file a 580
return under the federal income tax as married individuals filing jointly 581
whose federal adjusted gross income from such taxable year is sixty 582
thousand dollars or more or for a person who files a return under the 583
federal income tax as a head of household whose federal adjusted gross 584
income for such taxable year is sixty thousand dollars or more, an 585
amount equal to the difference between the amount of Social Security 586
benefits includable for federal income tax purposes and the lesser of 587
twenty-five per cent of the Social Security benefits received during the 588
taxable year, or twenty-five per cent of the excess described in Section 589
86(b)(1) of the Internal Revenue Code; 590
(III) For the taxable year commencing January 1, 2019, and each 591
taxable year thereafter, for a person who files a return under the federal 592
income tax as an unmarried individual whose federal adjusted gross 593
income for such taxable year is less than seventy-five thousand dollars, 594
or as a married individual filing separately whose federal adjusted gross 595
income for such taxable year is less than seventy-five thousand dollars, 596
or for a husband and wife who file a return under the federal income tax 597
as married individuals filing jointly whose federal adjusted gross 598
income for such taxable year is less than one hundred thousand dollars 599
or a person who files a return under the federal income tax as a head of 600
household whose federal adjusted gross income for such taxable year is 601
less than one hundred thousand dollars, an amount equal to the Social 602
Security benefits includable for federal income tax purposes; and 603
(IV) For the taxable year commencing January 1, 2019, and each 604
taxable year thereafter, for a person who files a return under the federal 605
income tax as an unmarried individual whose federal adjusted gross 606
income for such taxable year is seventy-five thousand dollars or more, 607
or as a married individual filing separately whose federal adjusted gross 608
income for such taxable year is seventy-five thousand dollars or more, 609
or for a husband and wife who file a return under the federal income tax 610 Governor's Bill No. 16
LCO No. 469 25 of 40
as married individuals filing jointly whose federal adjusted gross 611
income from such taxable year is one hundred thousand dollars or more 612
or for a person who files a return under the federal income tax as a head 613
of household whose federal adjusted gross income for such taxable year 614
is one hundred thousand dollars or more, an amount equal to the 615
difference between the amount of Social Security benefits includable for 616
federal income tax purposes and the lesser of twenty-five per cent of the 617
Social Security benefits received during the taxable year, or twenty-five 618
per cent of the excess described in Section 86(b)(1) of the Internal 619
Revenue Code; 620
(xi) To the extent properly includable in gross income for federal 621
income tax purposes, any amount rebated to a taxpayer pursuant to 622
section 12-746; 623
(xii) To the extent properly includable in the gross income for federal 624
income tax purposes of a designated beneficiary, any distribution to 625
such beneficiary from any qualified state tuition program, as defined in 626
Section 529(b) of the Internal Revenue Code, established and 627
maintained by this state or any official, agency or instrumentality of the 628
state; 629
(xiii) To the extent allowable under section 12-701a, contributions to 630
accounts established pursuant to any qualified state tuition program, as 631
defined in Section 529(b) of the Internal Revenue Code, established and 632
maintained by this state or any official, agency or instrumentality of the 633
state; 634
(xiv) To the extent properly includable in gross income for federal 635
income tax purposes, the amount of any Holocaust victims' settlement 636
payment received in the taxable year by a Holocaust victim; 637
(xv) To the extent properly includable in the gross income for federal 638
income tax purposes of a designated beneficiary, as defined in section 639
3-123aa, interest, dividends or capital gains earned on contributions to 640
accounts established for the designated beneficiary pursuant to the 641
Connecticut Homecare Option Program for the Elderly established by 642 Governor's Bill No. 16
LCO No. 469 26 of 40
sections 3-123aa to 3-123ff, inclusive; 643
(xvi) To the extent properly includable in gross income for federal 644
income tax purposes, any income received from the United States 645
government as retirement pay for a retired member of (I) the Armed 646
Forces of the United States, as defined in Section 101 of Title 10 of the 647
United States Code, or (II) the National Guard, as defined in Section 101 648
of Title 10 of the United States Code; 649
(xvii) To the extent properly includable in gross income for federal 650
income tax purposes for the taxable year, any income from the discharge 651
of indebtedness in connection with any reacquisition, after December 652
31, 2008, and before January 1, 2011, of an applicable debt instrument or 653
instruments, as those terms are defined in Section 108 of the Internal 654
Revenue Code, as amended by Section 1231 of the American Recovery 655
and Reinvestment Act of 2009, to the extent any such income was added 656
to federal adjusted gross income pursuant to subparagraph (A)(xi) of 657
this subdivision in computing Connecticut adjusted gross income for a 658
preceding taxable year; 659
(xviii) To the extent not deductible in determining federal adjusted 660
gross income, the amount of any contribution to a manufacturing 661
reinvestment account established pursuant to section 32-9zz in the 662
taxable year that such contribution is made; 663
(xix) To the extent properly includable in gross income for federal 664
income tax purposes, (I) for the taxable year commencing January 1, 665
2015, ten per cent of the income received from the state teachers' 666
retirement system, (II) for the taxable years commencing January 1, 667
2016, to January 1, 2020, inclusive, twenty-five per cent of the income 668
received from the state teachers' retirement system, and (III) for the 669
taxable year commencing January 1, 2021, and each taxable year 670
thereafter, fifty per cent of the income received from the state teachers' 671
retirement system or, for a taxpayer whose federal adjusted gross 672
income does not exceed the applicable threshold under clause (xx) of 673
this subparagraph, the percentage pursuant to said clause of the income 674 Governor's Bill No. 16
LCO No. 469 27 of 40
received from the state teachers' retirement system, whichever 675
deduction is greater; 676
(xx) To the extent properly includable in gross income for federal 677
income tax purposes, except for retirement benefits under clause (iv) of 678
this subparagraph and retirement pay under clause (xvi) of this 679
subparagraph, for a person who files a return under the federal income 680
tax as an unmarried individual whose federal adjusted gross income for 681
such taxable year is less than seventy-five thousand dollars, or as a 682
married individual filing separately whose federal adjusted gross 683
income for such taxable year is less than seventy-five thousand dollars, 684
or as a head of household whose federal adjusted gross income for such 685
taxable year is less than seventy-five thousand dollars, or for a husband 686
and wife who file a return under the federal income tax as married 687
individuals filing jointly whose federal adjusted gross income for such 688
taxable year is less than one hundred thousand dollars, (I) for the taxable 689
year commencing January 1, 2019, fourteen per cent of any pension or 690
annuity income, (II) for the taxable year commencing January 1, 2020, 691
twenty-eight per cent of any pension or annuity income, (III) for the 692
taxable year commencing January 1, 2021, forty-two per cent of any 693
pension or annuity income, and (IV) for the taxable years commencing 694
January 1, 2022, and January 1, 2023, one hundred per cent of any 695
pension or annuity income; 696
(xxi) To the extent properly includable in gross income for federal 697
income tax purposes, except for retirement benefits under clause (iv) of 698
this subparagraph and retirement pay under clause (xvi) of this 699
subparagraph, any pension or annuity income for the taxable year 700
commencing on or after January 1, 2024, and each taxable year 701
thereafter, in accordance with the following schedule, for a person who 702
files a return under the federal income tax as an unmarried individual 703
whose federal adjusted gross income for such taxable year is less than 704
one hundred thousand dollars, or as a married individual filing 705
separately whose federal adjusted gross income for such taxable year is 706
less than one hundred thousand dollars, or as a head of household 707
whose federal adjusted gross income for such taxable year is less than 708 Governor's Bill No. 16
LCO No. 469 28 of 40
one hundred thousand dollars: 709
T174
Federal Adjusted Gross Income Deduction
T175 Less than $75,000 100.0%
T176 $75,000 but not over $77,499 85.0%
T177 $77,500 but not over $79,999 70.0%
T178 $80,000 but not over $82,499 55.0%
T179 $82,500 but not over $84,999 40.0%
T180 $85,000 but not over $87,499 25.0%
T181 $87,500 but not over $89,999 10.0%
T182 $90,000 but not over $94,999 5.0%
T183 $95,000 but not over $99,999 2.5%
T184 $100,000 and over 0.0%
(xxii) To the extent properly includable in gross income for federal 710
income tax purposes, except for retirement benefits under clause (iv) of 711
this subparagraph and retirement pay under clause (xvi) of this 712
subparagraph, any pension or annuity income for the taxable year 713
commencing on or after January 1, 2024, and each taxable year 714
thereafter, in accordance with the following schedule for married 715
individuals who file a return under the federal income tax as married 716
individuals filing jointly whose federal adjusted gross income for such 717
taxable year is less than one hundred fifty thousand dollars: 718
T185
Federal Adjusted Gross Income Deduction
T186 Less than $100,000 100.0%
T187 $100,000 but not over $104,999 85.0%
T188 $105,000 but not over $109,999 70.0%
T189 $110,000 but not over $114,999 55.0%
T190 $115,000 but not over $119,999 40.0%
T191 $120,000 but not over $124,999 25.0%
T192 $125,000 but not over $129,999 10.0%
T193 $130,000 but not over $139,999 5.0%
T194 $140,000 but not over $149,999 2.5%
T195 $150,000 and over 0.0%
(xxiii) The amount of lost wages and medical, travel and housing 719 Governor's Bill No. 16
LCO No. 469 29 of 40
expenses, not to exceed ten thousand dollars in the aggregate, incurred 720
by a taxpayer during the taxable year in connection with the donation 721
to another person of an organ for organ transplantation occurring on or 722
after January 1, 2017; 723
(xxiv) To the extent properly includable in gross income for federal 724
income tax purposes, the amount of any financial assistance received 725
from the Crumbling Foundations Assistance Fund or paid to or on 726
behalf of the owner of a residential building pursuant to sections 8-442 727
and 8-443; 728
(xxv) To the extent properly includable in gross income for federal 729
income tax purposes, the amount calculated pursuant to subsection (b) 730
of section 12-704g for income received by a general partner of a venture 731
capital fund, as defined in 17 CFR 275.203(l)-1, as amended from time to 732
time; 733
(xxvi) To the extent any portion of a deduction under Section 179 of 734
the Internal Revenue Code was added to federal adjusted gross income 735
pursuant to subparagraph (A)(xiv) of this subdivision in computing 736
Connecticut adjusted gross income, twenty-five per cent of such 737
disallowed portion of the deduction in each of the four succeeding 738
taxable years; 739
(xxvii) To the extent properly includable in gross income for federal 740
income tax purposes, for a person who files a return under the federal 741
income tax as an unmarried individual whose federal adjusted gross 742
income for such taxable year is less than seventy-five thousand dollars, 743
or as a married individual filing separately whose federal adjusted gross 744
income for such taxable year is less than seventy-five thousand dollars, 745
or as a head of household whose federal adjusted gross income for such 746
taxable year is less than seventy-five thousand dollars, or for a husband 747
and wife who file a return under the federal income tax as married 748
individuals filing jointly whose federal adjusted gross income for such 749
taxable year is less than one hundred thousand dollars, for the taxable 750
year commencing January 1, 2023, twenty-five per cent of any 751 Governor's Bill No. 16
LCO No. 469 30 of 40
distribution from an individual retirement account other than a Roth 752
individual retirement account; 753
(xxviii) To the extent properly includable in gross income for federal 754
income tax purposes, for a person who files a return under the federal 755
income tax as an unmarried individual whose federal adjusted gross 756
income for such taxable year is less than one hundred thousand dollars, 757
or as a married individual filing separately whose federal adjusted gross 758
income for such taxable year is less than one hundred thousand dollars, 759
or as a head of household whose federal adjusted gross income for such 760
taxable year is less than one hundred thousand dollars, (I) for the taxable 761
year commencing January 1, 2024, fifty per cent of any distribution from 762
an individual retirement account other than a Roth individual 763
retirement account, (II) for the taxable year commencing January 1, 2025, 764
seventy-five per cent of any distribution from an individual retirement 765
account other than a Roth individual retirement account, and (III) for 766
the taxable year commencing January 1, 2026, and each taxable year 767
thereafter, any distribution from an individual retirement account other 768
than a Roth individual retirement account. The subtraction under this 769
clause shall be made in accordance with the following schedule: 770
T196
Federal Adjusted Gross Income Deduction
T197 Less than $75,000 100.0%
T198 $75,000 but not over $77,499 85.0%
T199 $77,500 but not over $79,999 70.0%
T200 $80,000 but not over $82,499 55.0%
T201 $82,500 but not over $84,999 40.0%
T202 $85,000 but not over $87,499 25.0%
T203 $87,500 but not over $89,999 10.0%
T204 $90,000 but not over $94,999 5.0%
T205 $95,000 but not over $99,999 2.5%
T206 $100,000 and over 0.0%
(xxix) To the extent properly includable in gross income for federal 771
income tax purposes, for married individuals who file a return under 772
the federal income tax as married individuals filing jointly whose 773 Governor's Bill No. 16
LCO No. 469 31 of 40
federal adjusted gross income for such taxable year is less than one 774
hundred fifty thousand dollars, (I) for the taxable year commencing 775
January 1, 2024, fifty per cent of any distribution from an individual 776
retirement account other than a Roth individual retirement account, (II) 777
for the taxable year commencing January 1, 2025, seventy-five per cent 778
of any distribution from an individual retirement account other than a 779
Roth individual retirement account, and (III) for the taxable year 780
commencing January 1, 2026, and each taxable year thereafter, any 781
distribution from an individual retirement account other than a Roth 782
individual retirement account. The subtraction under this clause shall 783
be made in accordance with the following schedule: 784
T207
Federal Adjusted Gross Income Deduction
T208 Less than $100,000 100.0%
T209 $100,000 but not over $104,999 85.0%
T210 $105,000 but not over $109,999 70.0%
T211 $110,000 but not over $114,999 55.0%
T212 $115,000 but not over $119,999 40.0%
T213 $120,000 but not over $124,999 25.0%
T214 $125,000 but not over $129,999 10.0%
T215 $130,000 but not over $139,999 5.0%
T216 $140,000 but not over $149,999 2.5%
T217 $150,000 and over 0.0%
(xxx) To the extent properly includable in gross income for federal 785
income tax purposes, for the taxable year commencing January 1, 2022, 786
the amount or amounts paid or otherwise credited to any eligible 787
resident of this state under (I) the 2020 Earned Income Tax Credit 788
enhancement program from funding allocated to the state through the 789
Coronavirus Relief Fund established under the Coronavirus Aid, Relief, 790
and Economic Security Act, P.L. 116-136, and (II) the 2021 Earned 791
Income Tax Credit enhancement program from funding allocated to the 792
state pursuant to Section 9901 of Subtitle M of Title IX of the American 793
Rescue Plan Act of 2021, P.L. 117-2; 794
(xxxi) For the taxable year commencing January 1, 2023, and each 795 Governor's Bill No. 16
LCO No. 469 32 of 40
taxable year thereafter, for a taxpayer licensed under the provisions of 796
chapter 420f or 420h, the amount of ordinary and necessary expenses 797
that would be eligible to be claimed as a deduction for federal income 798
tax purposes under Section 162(a) of the Internal Revenue Code but that 799
are disallowed under Section 280E of the Internal Revenue Code 800
because marijuana is a controlled substance under the federal 801
Controlled Substance Act; 802
[(xxxii) To the extent properly includable in gross income for federal 803
income tax purposes, for the taxable year commencing on or after 804
January 1, 2025, and each taxable year thereafter, any common stock 805
received by the taxpayer during the taxable year under a share plan, as 806
defined in section 12-217ss;] 807
[(xxxiii)] (xxxii) To the extent properly includable in gross income for 808
federal income tax purposes, the amount of any student loan 809
reimbursement payment received by a taxpayer pursuant to section 10a-810
19m; and 811
[(xxxiv)] (xxxiii) Contributions to an ABLE account established 812
pursuant to sections 3-39k to 3-39q, inclusive, not to exceed five 813
thousand dollars for each individual taxpayer or ten thousand dollars 814
for taxpayers filing a joint return. 815
Sec. 18. Section 13b-68 of the general statutes is repealed and the 816
following is substituted in lieu thereof (Effective from passage): 817
(a) There is established a fund to be known as the "Special 818
Transportation Fund". The fund may contain any moneys required or 819
permitted by law to be deposited in the fund and any moneys recovered 820
by the state for overpayments, improper payments or duplicate 821
payments made by the state relating to any transportation infrastructure 822
improvements [which] that have been financed by special tax obligation 823
bonds issued pursuant to sections 13b-74 to 13b-77, inclusive, and shall 824
be held by the Treasurer separate and apart from all other moneys, 825
funds and accounts. Investment earnings credited to the assets of said 826
fund shall become part of the assets of said fund. Any balance remaining 827 Governor's Bill No. 16
LCO No. 469 33 of 40
in said fund at the end of any fiscal year shall be carried forward in said 828
fund for the fiscal year next succeeding. 829
(b) The Special Transportation Fund shall be a perpetual fund, the 830
resources of which shall be expended solely for transportation purposes. 831
Such purposes include the payment of debt service on obligations of the 832
state incurred for transportation purposes. All sources of moneys, funds 833
and receipts of the state required to be credited, deposited or transferred 834
to said fund by state law on or after June 30, 2015, shall continue to be 835
credited, deposited or transferred to said fund, so long as the sources of 836
such moneys, funds and receipts are collected or received by the state or 837
any officer thereof. No law shall be enacted authorizing the resources of 838
said fund to be expended other than for transportation purposes. 839
(c) There is established a fund to be known as the "Transportation 840
Grants and Restricted Accounts Fund". Upon certification by the 841
Comptroller and the Secretary of the Office of Policy and Management 842
that the CORE-CT project for fiscal services is operational, the fund shall 843
contain all transportation moneys that are restricted, not available for 844
general use and previously accounted for in the Special Transportation 845
Fund as "Federal and Other Grants". The Comptroller is authorized to 846
make such transfers as are necessary to provide that, notwithstanding 847
any provision of the general statutes, all transportation moneys that are 848
restricted and not available for general use are in the Transportation 849
Grants and Restricted Accounts Fund. 850
(d) (1) For the fiscal year ending June 30, 2024, and each fiscal year 851
thereafter, after the accounts for the Special Transportation Fund have 852
been closed for each fiscal year and the Comptroller has determined the 853
balance remaining in said fund, after any amounts required by 854
provision of law to be transferred for other purposes have been 855
deducted, if the balance remaining exceeds eighteen per cent of the net 856
Special Transportation Fund appropriations for the current fiscal year, 857
the portion of the balance exceeding said eighteen per cent shall be 858
deemed to be appropriated for the following, as selected by the 859
Treasurer: 860 Governor's Bill No. 16
LCO No. 469 34 of 40
(A) Redeeming prior to maturity any outstanding special tax 861
obligation indebtedness of the state selected by the Treasurer in the best 862
interests of the state; 863
(B) Purchasing outstanding special tax obligation indebtedness of the 864
state in the open market at such prices and on such terms and conditions 865
as the Treasurer determines to be in the best interests of the state for the 866
purpose of extinguishing or defeasing such debt; 867
(C) Providing for the defeasance of any outstanding special tax 868
obligation indebtedness of the state selected by the Treasurer in the best 869
interest of the state by irrevocably placing with an escrow agent in trust 870
an amount used solely for, and sufficient to satisfy, scheduled payments 871
of both interest and principal on such indebtedness; or 872
(D) Any combination of these methods. 873
(2) For any method or combination of methods selected by the 874
Treasurer pursuant to subdivision (1) of this subsection, (A) such 875
method or combination of methods shall provide a reduction in 876
projected debt service for the current fiscal year and each of the nine 877
subsequent fiscal years, and (B) for the second fiscal year after the fiscal 878
year in which the balance was used in accordance with the provisions 879
of this subsection and each of the seven subsequent fiscal years, the 880
amount of the reduction in projected debt service shall not vary by more 881
than (i) one million dollars, or (ii) ten per cent of the least amount by 882
which projected debt service is reduced for the seven subsequent fiscal 883
years, whichever is greater. 884
(3) The Treasurer shall include information concerning the use of a 885
balance of the Special Transportation Fund pursuant to this subsection 886
in the annual report required under section 3-37, as amended by this act. 887
Sec. 19. Section 3-37 of the general statutes is repealed and the 888
following is substituted in lieu thereof (Effective from passage): 889
(a) The Treasurer shall, annually, on or before December thirty-first, 890 Governor's Bill No. 16
LCO No. 469 35 of 40
submit a final audited report to the Governor and a copy of such report 891
to the Investment Advisory Council, which shall include the following 892
information concerning the activities of the office of the State Treasurer 893
for the immediately preceding fiscal year ending June thirtieth: 894
(1) Complete financial statements and accompanying footnotes for 895
the combined investment funds prepared in accordance with generally 896
accepted accounting principles, which financial statements shall be 897
audited in accordance with generally accepted auditing standards and 898
supplementary schedules depicting the interests of the component 899
retirement plans and trust funds; 900
(2) [complete] Complete financial statements and accompanying 901
footnotes for the Short Term Investment Fund prepared in accordance 902
with generally accepted accounting principles and supplementary 903
schedules listing all assets held by the Short Term Investment Fund; 904
(3) [a] A discussion and review of the performance of the combined 905
investment funds and Short Term Investment Fund for such fiscal year 906
in accordance with recognized and appropriate performance 907
presentation and disclosure, including an analysis of the return earned 908
by the portfolio and each combined investment fund as well as the risk 909
profile of the portfolio and each combined investment fund according 910
to investment industry standards; 911
(4) [the] The activities and transactions in such reasonable detail as is 912
appropriate of the cash management division including information on 913
the state's cash receipts and disbursements for the fiscal year, and the 914
debt management division including the financial statements of the tax-915
exempt proceeds fund prepared in accordance with generally accepted 916
accounting principles; 917
(5) [financial] Financial statements and accompanying footnotes as 918
well as a summary of operating results for the Second Injury Fund for 919
such fiscal year; 920
(6) [a] A financial summary and report on the activities of the state's 921 Governor's Bill No. 16
LCO No. 469 36 of 40
unclaimed property program for such fiscal year; 922
(7) For a fiscal year in which the Treasurer used a portion of the 923
remaining balance of the Special Transportation Fund in accordance 924
with the provisions of subsection (d) of section 13b-68, as amended by 925
this act, a report on the amount used and the method or methods 926
selected pursuant to said subsection and the amount of the reduction in 927
projected debt service for the specified fiscal years and including a 928
statement that such reduction does not vary by more than the allowable 929
amount set forth in said subsection; 930
[(7) a] (8) A listing of the companies from which state funds were 931
divested based upon such companies' business in Sudan, pursuant to 932
the provisions of section 3-21e, and any companies identified by the 933
Treasurer as companies from which investment of state funds has been 934
declared impermissible by the Treasurer, pursuant to the provisions of 935
section 3-21e; and 936
[(8) such] (9) Such other information as the Treasurer deems of 937
interest to the public. 938
(b) Commencing October 1, 2010, and monthly thereafter, the 939
Treasurer shall submit a report to the chairpersons and ranking 940
members of the joint standing committees of the General Assembly 941
having cognizance of matters relating to finance, revenue and bonding 942
and appropriations and the budgets of state agencies, and to the 943
legislative Office of Fiscal Analysis. Such report shall include the 944
following information for the month two months prior to the month in 945
which the report is submitted: (1) A weekly list of the cash balance, with 946
amount and percentage of sources, such as the common cash pool, bond 947
fund investments and Special Transportation Fund investments, with 948
accompanying footnotes; (2) a year-to-date total, on an ongoing basis, of 949
authorized but unissued bonds, including assumptions in bond 950
issuance, and any changes from month to month in such assumptions; 951
(3) any other debt instruments or commercial paper issued, the types 952
and amounts, with accompanying footnotes; and (4) the amounts in the 953 Governor's Bill No. 16
LCO No. 469 37 of 40
common cash fund, with all components, such as bank and different 954
investment accounts, and the amounts thereof separately listed. 955
(c) The reports required pursuant to this section shall be made 956
available to the public in hard copy and accessible electronically by 957
means of the Internet or other media or systems available to the public. 958
Sec. 20. Subsection (c) of section 4-28e of the general statutes is 959
repealed and the following is substituted in lieu thereof (Effective July 1, 960
2024): 961
(c) Commencing with the fiscal year ending June 30, 2023, annual 962
disbursements from the Tobacco Settlement Fund shall be made as 963
follows: (1) To the Tobacco and Health Trust Fund in an amount equal 964
to twelve million dollars; and (2) the remainder to the General Fund; 965
except that for the fiscal year ending June 30, 2025, the annual 966
disbursement from the Tobacco Settlement Fund shall be made to the 967
General Fund. 968
Sec. 21. Subsection (b) of section 4-28e of the general statutes is 969
repealed and the following is substituted in lieu thereof (Effective July 1, 970
2025): 971
(b) (1) The Treasurer is authorized to invest all or any part of the 972
Tobacco Settlement Fund [,] and all or any part of the Tobacco and 973
Health Trust Fund created [in] under section 4-28f. [and all or any part 974
of the Biomedical Research Trust Fund created in section 19a-32c.] The 975
interest derived from any such investment shall be credited to the 976
resources of the fund from which the investment was made. 977
(2) Notwithstanding sections 3-13 to 3-13h, inclusive, the Treasurer 978
shall invest the amounts on deposit in the Tobacco Settlement Fund [,] 979
and the Tobacco and Health Trust Fund [and the Biomedical Research 980
Trust Fund] in a manner reasonable and appropriate to achieve the 981
objectives of such funds, exercising the discretion and care of a prudent 982
person in similar circumstances with similar objectives. The Treasurer 983
shall give due consideration to rate of return, risk, term or maturity, 984 Governor's Bill No. 16
LCO No. 469 38 of 40
diversification of the total portfolio within such funds, liquidity, the 985
projected disbursements and expenditures, and the expected payments, 986
deposits, contributions and gifts to be received. The Treasurer shall not 987
be required to invest such funds directly in obligations of the state or 988
any political subdivision of the state or in any investment or other fund 989
administered by the Treasurer. The assets of such funds shall be 990
continuously invested and reinvested in a manner consistent with the 991
objectives of such funds until disbursed in accordance with this section 992
[,] or section 4-28f. [or section 19a-32c.] 993
Sec. 22. (Effective from passage) Not later than June 30, 2025, the 994
Comptroller shall transfer the balance remaining in the Connecticut 995
Itinerant Vendors Guaranty Fund, repealed by section 5 of public act 17-996
75, to the General Fund. 997
Sec. 23. (Effective from passage) Not later than June 30, 2025, the 998
Comptroller shall transfer the balance remaining in the Biomedical 999
Research Trust Fund, created pursuant to section 19a-32c of the general 1000
statutes, to the General Fund. 1001
Sec. 24. Section 382 of public act 23-204 is repealed and the following 1002
is substituted in lieu thereof (Effective from passage): 1003
Not later than June 30, 2024, the Comptroller shall transfer [ninety-1004
five] one hundred forty million dollars of the resources of the General 1005
Fund for the fiscal year ending June 30, 2024, to be accounted for as 1006
revenue of the General Fund for the fiscal year ending June 30, 2025. 1007
Sec. 25. Section 383 of public act 23-204 is repealed and the following 1008
is substituted in lieu thereof (Effective from passage): 1009
The following amounts shall be transferred from the resources of the 1010
General Fund to the Municipal Revenue Sharing Fund: (1) For the fiscal 1011
year ending June 30, 2024, one hundred fifteen million eight hundred 1012
thousand dollars, and (2) for the fiscal year ending June 30, 2025, [one 1013
hundred four million nine] eighty-eight million six hundred thousand 1014
dollars. 1015 Governor's Bill No. 16
LCO No. 469 39 of 40
Sec. 26. Section 3-20i of the general statutes is repealed. (Effective from 1016
passage) 1017
Sec. 27. Section 12-18d of the general statutes is repealed. (Effective 1018
July 1, 2024) 1019
Sec. 28. Section 12-217ss of the 2024 supplement to the general 1020
statutes is repealed. (Effective from passage) 1021
Sec. 29. Section 4-66l of the 2024 supplement to the general statutes is 1022
repealed. (Effective July 1, 2024) 1023
Sec. 30. Section 19a-32c of the general statutes is repealed. (Effective 1024
July 1, 2025)1025
This act shall take effect as follows and shall amend the following
sections:
Section 1 July 1, 2024 20-93
Sec. 2 July 1, 2024 20-94(a)
Sec. 3 July 1, 2024 20-94a
Sec. 4 July 1, 2024 20-96
Sec. 5 July 1, 2024 20-97(a)
Sec. 6 July 1, 2024 19a-87b(b)(1)
Sec. 7 July 1, 2024 19a-87b(d) and (e)
Sec. 8 July 1, 2024 10-145b(l)
Sec. 9 from passage 3-115b
Sec. 10 July 1, 2024 4-66p
Sec. 11 July 1, 2024 12-130(a)
Sec. 12 July 1, 2024 12-408(1)(L)
Sec. 13 July 1, 2024 12-411(1)(K)
Sec. 14 July 1, 2024 4-66o
Sec. 15 June 1, 2024 8-395a(b)
Sec. 16 from passage New section
Sec. 17 from passage 12-701(a)(20)(B)
Sec. 18 from passage 13b-68
Sec. 19 from passage 3-37
Sec. 20 July 1, 2024 4-28e(c)
Sec. 21 July 1, 2025 4-28e(b)
Sec. 22 from passage New section Governor's Bill No. 16
LCO No. 469 40 of 40
Sec. 23 from passage New section
Sec. 24 from passage PA 23-204, Sec. 382
Sec. 25 from passage PA 23-204, Sec. 383
Sec. 26 from passage Repealer section
Sec. 27 July 1, 2024 Repealer section
Sec. 28 from passage Repealer section
Sec. 29 July 1, 2024 Repealer section
Sec. 30 July 1, 2025 Repealer section
Statement of Purpose:
To implement the Governor's budget recommendations.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except
that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not
underlined.]