Loading chat...

CT HB05104

Bill

Official Source

Status

Introduced

2/13/2014

Primary Sponsor

Cecilia Buck-Taylor

Click for details

Origin

House of Representatives

2014 General Assembly

AI Summary

  • Requires the State Comptroller to automatically transfer all excess revenue after closing the books each fiscal year to reduce state debt and long-term obligations
  • Directs 50% of excess revenue to bonded debt reduction
  • Directs 50% of excess revenue to underfunded state-administered pension programs
  • Applies to all future fiscal years upon enactment
  • Referred to Committee on Appropriations

Legislative Description

An Act Concerning The Use Of Excess Revenue.

Last Action

Referred to Joint Committee on Appropriations

2/13/2014

Committee Referrals

Appropriations2/13/2014

Full Bill Text

No bill text available