CT SB00158

Amends section 5-278 of the general statutes to define "insufficient funds" when determining whether to reject state employee arbitration awards.

Requires the General Assembly to assess the employer's financial capability, including consideration of other financial demands and whether implementation would significantly diminish the ability to meet those demands.

Requires consideration of whether the state's credit rating would be impaired by implementation of the arbitration award.

Creates a rebuttable presumption of insufficient funds if awarded wages, salaries, fringe benefits, or employment conditions exceed those prevailing in the private sector labor market.

Prohibits expenditure of any funds from the Budget Reserve Fund (established under section 4-30a) for implementation of arbitration awards.