Bill Text: CT SB00296 | 2013 | General Assembly | Introduced
Bill Title: An Act Concerning Reserve Fund Balances And Changes To Municipal Binding Arbitration.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-02-04 - Change of Reference, House to Committee on Labor and Public Employees [SB00296 Detail]
Download: Connecticut-2013-SB00296-Introduced.html
General Assembly |
Proposed Bill No. 296 |
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January Session, 2013 |
LCO No. 908 | ||||
Referred to Committee on PLANNING AND DEVELOPMENT |
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Introduced by: |
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SEN. KANE, 32nd Dist. |
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AN ACT CONCERNING RESERVE FUND BALANCES AND CHANGES TO MUNICIPAL BINDING ARBITRATION.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to prevent an arbitration panel from considering a municipal reserve fund balance when determining a municipality's financial capability and to limit the review of a rejected arbitration award by a municipality to a single arbitrator.
Statement of Purpose:
To provide local tax relief to municipalities by reforming the arbitration process.