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CT SB00161

Bill

Status

Introduced

2/21/2012

Primary Sponsor

John McKinney

Click for details

Origin

Senate

2012 General Assembly

AI Summary

  • Amends section 2-33a of the general statutes to redefine "increase in inflation" as the change in the consumer price index for urban consumers during the 24-month period ending December 31st of the year preceding the fiscal year, using U.S. Bureau of Labor Statistics data
  • Redefines "general budget expenditures" to mean expenditures from appropriated funds authorized by public or special act of the General Assembly, excluding debt service and expenditures under section 4-30a
  • Provides that any spending exceeding the constitutional cap shall not be counted as "general budget expenditures" in calculating future spending caps, preventing overspending from inflating the baseline
  • Requires a three-fifths majority vote in each house of the General Assembly to enact this amendment

Legislative Description

An Act Concerning The Constitutional Spending Cap.

Last Action

Referred to Joint Committee on Appropriations

2/21/2012

Committee Referrals

Appropriations2/21/2012

Full Bill Text

No bill text available