CT HB06627

Requires the Secretary of the Office of Policy and Management to conduct a detailed analysis of any state capital project exceeding $50 million before placement on the State Bond Commission agenda, effective July 1, 2013.

Mandates independent analysis by a nongovernmental entity covering estimated full costs, annual operating costs, projected revenue, capital development impact statement, and agricultural impact statements for projects converting 25+ acres of prime farmland.

Requires submission to the joint standing committee on Finance, Revenue and Bonding and relevant subject committees, with each committee having 30 days to hold a public hearing and vote on approval; requests are deemed approved if no action is taken within the timeframe.

Requires the Secretary to provide analysis copies to all committee members at least three days before public hearings and post analyses on the Office of Policy and Management website.

Exempts school building projects financed under section 10-287d and interest subsidies under section 10-292k from all review requirements.