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CT HB05173

Bill

Official Source

Status

Introduced

2/11/2010

Primary Sponsor

Elizabeth Esty

Click for details

Origin

House of Representatives

2010 General Assembly

AI Summary

  • Requires an annual review of the state's general obligation debt size and affordability
  • Designates the Capital Debt Affordability Advisory Committee to conduct the annual review
  • Mandates submission of review findings to the Governor, General Assembly, and State Bond Commission members
  • Requires an advisory report recommending the maximum amount of new long-term general obligation debt that may be prudently authorized for the next fiscal year
  • Aims to reduce the state's indebtedness and debt service obligations in the budget

Legislative Description

An Act Concerning An Annual Review Of The State's General Obligation Debt.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/11/2010

Committee Referrals

Finance, Revenue and Bonding2/11/2010

Full Bill Text

No bill text available