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CT HB05247
Bill
Status
Introduced
1/15/2025
Primary Sponsor
Michael Shannon
Click for details
AI Summary
- Amends general statutes to require automatic annual adjustments to state appropriations for nonprofit organizations
- Adjustments would be tied to changes in the Consumer Price Index or similar inflation metric
- Creates an inflation-indexing mechanism to maintain the real value of nonprofit funding over time
- Referred to the Appropriations Committee for consideration during the January 2025 session
Legislative Description
An Act Concerning Funding For Nonprofit Organizations.
Last Action
Referred to Joint Committee on Appropriations
1/15/2025
Committee Referrals
Appropriations1/15/2025
Full Bill Text
No bill text available