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CT SB00142
Bill
Status
Introduced
2/22/2022
Primary Sponsor
Martin Looney
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AI Summary
- Amends subsection (b) of section 10-76g of the general statutes to establish a tiered reimbursement system for the excess cost grant based on municipalities' per capita equalized net grand list values
- Alliance districts and municipalities with per capita equalized net grand list under $100,000 receive 100% reimbursement of the grant due
- Municipalities with per capita equalized net grand list of $100,000 to under $200,000 receive 90% reimbursement of the grant due
- Municipalities with per capita equalized net grand list of $200,000 or more receive 80% reimbursement of the grant due
- Increases the excess cost grant appropriation in fiscal year 2023 to reflect the amended tiered reimbursement system
Legislative Description
An Act Concerning Reimbursement For The Excess Cost Grant.
Last Action
Referred to Joint Committee on Education
2/22/2022
Committee Referrals
Education2/22/2022
Full Bill Text
No bill text available