Bill Text: CT HB05464 | 2014 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: An Act Concerning Payments Distributed By The Municipal Revenue Sharing Account.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2014-04-09 - File Number 468 [HB05464 Detail]

Download: Connecticut-2014-HB05464-Introduced.html

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General Assembly		Raised Bill No. 5464
February Session, 2014		LCO No. 2013
		*02013_______FIN*
Referred to Committee on FINANCE, REVENUE AND BONDING
Introduced by:
(FIN)

AN ACT CONCERNING PAYMENTS DISTRIBUTED BY THE MUNICIPAL REVENUE SHARING ACCOUNT.

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

Section 1. (Effective from passage) Prior to closing the accounts for the fiscal year ending June 30, 2014, if the Comptroller determines there exists an unappropriated surplus in the General Fund, the Secretary of the Office of Policy and Management shall distribute twelve million seven hundred thousand dollars of any such surplus to municipalities as provided in section 4-66l of the general statutes.

This act shall take effect as follows and shall amend the following sections:
Section 1	from passage	New section

Statement of Purpose:

To provide towns with grants under the municipal revenue sharing account formula, representing the final quarter of payments in fiscal year 2013.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]