2025 Regular SessionConnecticut Legislature

HB06805: An Act Adjusting The Budget Reserve Fund Cap And Depositing Certain Amounts In A Municipal Infrastructure Renovation Fund Dedicated To Certain Purposes.

Legislative Summary

That the cap on the amount in the Budget Reserve Fund be adjusted to fifteen per cent and the amount between fifteen per cent and eighteen per cent that would otherwise be deposited in said fund be deposited in a Municipal Infrastructure Renovation Fund, to be used for municipal capital expenditures and for certain one-time non-reoccurring expenditures.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/29/2025
Referred to Joint Committee on Finance, Revenue and Bonding
House of Representatives

Status Information

Current Status
Introduced(1/29/2025)
Chamber
House of Representatives
Committee
Finance, Revenue and Bonding(Joint Conference)

Sponsors

Documents

Introduced
Bill Text1/28/202544.9 KB