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CT HB05011

Bill

Official Source

Status

Introduced

2/5/2014

Primary Sponsor

Elissa Wright

Click for details

Origin

House of Representatives

2014 General Assembly

AI Summary

  • Requires an annual review of the state's general obligation debt size and affordability
  • Assigns the Capital Debt Affordability Advisory Committee to conduct the annual review
  • Mandates submission of review findings to the Governor, General Assembly, and State Bond Commission members
  • Requires committee to provide an advisory report on the maximum amount of new long-term general obligation debt that may prudently be authorized for the next fiscal year
  • Aims to reduce the state's indebtedness and debt service obligations in the budget

Legislative Description

An Act Concerning An Annual Review Of The State's Bonded Indebtedness.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/5/2014

Committee Referrals

Finance, Revenue and Bonding2/5/2014

Full Bill Text

No bill text available