Bill Text: CT HB05398 | 2014 | General Assembly | Comm Sub


Bill Title: An Act Concerning The Availability Of Actuarial Valuations.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Engrossed - Dead) 2014-04-28 - Senate Calendar Number 492 [HB05398 Detail]

Download: Connecticut-2014-HB05398-Comm_Sub.html

General Assembly

 

Substitute Bill No. 5398

    February Session, 2014

 

*_____HB05398APP___040214____*

AN ACT CONCERNING THE AVAILABILITY OF ACTUARIAL VALUATIONS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (NEW) (Effective July 1, 2014) (a) The State Comptroller shall transmit any actuarial valuation or estimate prepared by an actuary with whom the Comptroller has contracted to provide actuarial services to the joint standing committee of the General Assembly having cognizance of matters relating to appropriations and the budgets of state agencies and the Office of Fiscal Analysis not later than fifteen days after the Comptroller receives such valuation or estimate.

(b) The State Comptroller shall transmit to the Office of Fiscal Analysis all executive summaries and projections provided by actuaries preparing such actuarial valuations or estimates, including analyses completed for collective bargaining agreements executed between the state and the State Employees Bargaining Agent Coalition, not later than fifteen days after the Comptroller receives such summaries and projections.

This act shall take effect as follows and shall amend the following sections:

Section 1

July 1, 2014

New section

Statement of Legislative Commissioners:

In subsection (a), "for such purpose" was replaced with "to provide actuarial services" for clarity.

APP

Joint Favorable Subst.

 
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