Loading chat...

CT HB05005

Bill

Official Source

Status

Introduced

2/8/2012

Primary Sponsor

Christopher Coutu

Click for details

Origin

House of Representatives

2012 General Assembly

AI Summary

  • Amends general statutes to limit bond allocations based on annual debt service payment capacity
  • Restricts annual debt service payments to not exceed 10% of all appropriated funds in the state budget
  • Aims to reduce state bonding during periods of financial stress
  • Referred to Committee on Finance, Revenue and Bonding
  • Introduced by Rep. Coutu (47th District) in February 2012 session

Legislative Description

An Act Concerning Annual Debt Service Payments.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/8/2012

Committee Referrals

Finance, Revenue and Bonding2/8/2012

Full Bill Text

No bill text available