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CT HB05008

Bill

Official Source

Status

Introduced

2/3/2010

Primary Sponsor

Thomas Kehoe

Click for details

Origin

House of Representatives

2010 General Assembly

AI Summary

  • Amends section 4-30a of the general statutes to increase the maximum amount of surplus that can be transferred into the Budget Reserve Fund
  • Raises the transfer limit from 10 percent of General Fund appropriations to 30 percent of General Fund appropriations
  • Increases the capacity of the Rainy Day Fund to hold additional reserve funds for budget contingencies
  • Referred to Committee on Finance, Revenue and Bonding
  • Introduced by Rep. Flexer (44th District) and Rep. Rojas (9th District)

Legislative Description

An Act Concerning The Budget Reserve Fund.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/3/2010

Committee Referrals

Finance, Revenue and Bonding2/3/2010

Full Bill Text

No bill text available