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CT HB05712

Bill

Official Source

Status

Introduced

1/21/2011

Primary Sponsor

Christopher Coutu

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Origin

House of Representatives

2011 General Assembly

AI Summary

  • Amend general statutes to limit bond allocations based on state budget constraints
  • Cap annual debt service payments at no more than 10 percent of all appropriated funds in the state budget
  • Intended to reduce excessive bonding during periods of financial stress
  • Referred to Committee on Finance, Revenue and Bonding during January Session 2011

Legislative Description

An Act Concerning Annual Debt Service Payments.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

1/21/2011

Committee Referrals

Finance, Revenue and Bonding1/21/2011

Full Bill Text

No bill text available