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CT SB01186
Bill
Status
5/22/2025
Primary Sponsor
Planning and Development Committee
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AI Summary
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Requires the distribution formula for the $7 million Regional Planning Incentive Account to be reviewed and updated annually, rather than every five years as under current law
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Adds a consumer price index adjustment to per capita payments, allowing increases based on CPI for all urban consumers from the preceding 12-month period
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Maintains the existing two-part funding structure: a base payment amount plus a per capita payment based on federal decennial census population data for each regional council of governments
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Effective July 1, 2025, amending section 4-66k(d) of the general statutes
Legislative Description
An Act Concerning The Regional Planning Incentive Account Distribution Formula.
Last Action
House Calendar Number 635
5/23/2025