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CT HB07112

Bill

Official Source

Status

Engrossed

4/17/2019

Primary Sponsor

Education Committee

Click for details

Origin

House of Representatives

2019 General Assembly

AI Summary

  • Increases the maximum amount towns may deposit unexpended education funds into nonlapsing accounts from one percent to two percent of the prior fiscal year's total budgeted appropriation for education, effective July 1, 2019
  • Applies to boards of finance, boards of selectmen, or school district appropriating authorities in all Connecticut towns
  • Requires all expenditures from the nonlapsing account be made solely for educational purposes and authorized by the local board of education
  • Amends Connecticut General Statutes Section 10-248a beginning with the fiscal year ending June 30, 2020, and all subsequent fiscal years

Legislative Description

An Act Increasing The Amount A Town May Deposit Into A Nonlapsing Account For Unexpended Education Funds.

Last Action

Senate Calendar Number 379

4/22/2019

Committee Referrals

Education2/14/2019

Full Bill Text

No bill text available