General Assembly |
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January Session, 2015 |
LCO No. 4859 | ||
*04859HB05858LAB* | |||
Referred to Committee on LABOR AND PUBLIC EMPLOYEES |
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Introduced by: |
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(LAB) |
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AN ACT PROVIDING FUNDING TO THE CONNECTICUT RETIREMENT SECURITY BOARD.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (Effective July 1, 2015) The sum of two hundred fifty thousand dollars is appropriated to the Connecticut Retirement Security Board, established pursuant to section 31-411 of the general statutes, from the General Fund, for the fiscal year ending June 30, 2016, for the purpose of conducting a market feasibility study as described in section 31-414 of the general statutes.
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
July 1, 2015 |
New section |
Statement of Purpose:
To ensure the Connecticut Retirement Security Board has the resources necessary to fulfill its mission of developing a public retirement plan to address the growing retirement crisis in Connecticut.
[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.]