CT SB00899

Changes Comptroller's CORE-CT system reporting from annual to biennial (every two years), with first report due October 1, 2013, and requires compliance with section 11-4a reporting provisions.

Increases the personal property inventory reporting threshold from $1,000 to $5,000 for state agencies submitting annual inventories to the Comptroller as of June 30th.

Transfers claims payment authority from the Comptroller to the Department of Administrative Services for claims not exceeding $7,500 when no timely review request is filed.

Transfers insurance coverage responsibility for the Connecticut building at the Eastern States Exposition from the Comptroller to the State Insurance and Risk Management Board.

Adds the Comptroller as a nonvoting, ex-officio member to the Connecticut State Employees Retirement Commission and restructures reporting requirements for flexible spending account programs with new deadline of April 30, 2014.

Corrects a statutory reference in section 4a-71 from section 4a-73 to section 4a-72 regarding interest payment requirements on overdue contracts.