CT HB05844

Amends section 2-33a of the general statutes to define four key terms related to the constitutional spending cap, requiring a three-fifths vote of each house.

Defines "increase in personal income" as the compound annual growth rate of personal income over the preceding five calendar years using U.S. Bureau of Economic Analysis data.

Defines "increase in inflation" as the change in the consumer price index for urban consumers (excluding food and energy) on a December over December basis using U.S. Bureau of Labor Statistics data.

Defines "general budget expenditures" as appropriated funds from public or special acts, limited to growth by the greater of personal income increase or inflation increase, and excludes debt payments, federal funds, and certain federal mandate expenditures.

Defines "federal mandates" as required state programs where the state must meet federal entitlement criteria to receive federal reimbursement, excluding optional program components under federal law.