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CT HB06091

Bill

Official Source

Status

Introduced

1/25/2013

Primary Sponsor

Elissa Wright

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Establishes a Capitol Debt Affordability Advisory Committee to review and evaluate the size and affordability of the state's general obligation debt
  • Committee shall assess state debt relative to available resources for repaying that debt
  • Requires the committee to submit annual reports to the Governor and General Assembly with findings and recommendations
  • Recommendations shall include the maximum amount of new long-term general obligation debt that may prudently be authorized for the next two fiscal years
  • Intended to serve as a financial planning tool for the capital planning process to estimate the state's future debt capacity

Legislative Description

An Act Establishing A Capital Debt Affordability Committee.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

1/25/2013

Committee Referrals

Finance, Revenue and Bonding1/25/2013

Full Bill Text

No bill text available