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CT HB05149
Bill
Status
Introduced
1/11/2011
Primary Sponsor
Prasad Srinivasan
Click for details
AI Summary
- Amends section 2-33a of the general statutes to redefine "increase in inflation" as the rise in the consumer price index for urban consumers over the 24-month period ending December 31st of the year before the fiscal year in question, using United States Bureau of Labor Statistics data
- Redefines "general budget expenditures" as expenditures from appropriated funds authorized by public or special act of the General Assembly
- Excludes from general budget expenditures the payment of principal and interest on bonds, notes, or other debt obligations
- Excludes from general budget expenditures any expenditures made pursuant to section 4-30a of the general statutes
- Requires approval by three-fifths of the members in each house of the General Assembly
Legislative Description
An Act Implementing The Constitutional Spending Cap.
Last Action
Public Hearing 04/05
3/18/2011
Committee Referrals
Appropriations1/11/2011
Full Bill Text
No bill text available