Connecticut Seal

General Assembly

Amendment

 

February Session, 2008

LCO No. 6578

   
 

*SB0040406578SRO*

Offered by:

 

SEN. RUSSO, 22nd Dist.

 

To: Subst. Senate Bill No. 404

File No. 645

Cal. No. 414

After the last section, add the following and renumber sections and internal references accordingly:

"Sec. 501. (NEW) (Effective July 1, 2008) Notwithstanding any provision of the general statutes concerning payments in lieu of taxes made by the state to a municipality, the state shall withhold a portion of such payment from any municipality that fails to spend the minimum amount of the grant paid pursuant to section 10-262i of the 2008 supplement to the general statutes, as amended by this act, for educational purposes only as required by said section, in an amount that is the difference between such required amount and the amount that the town actually spent for educational purposes. "