Connecticut Seal

General Assembly

Amendment

 

January Session, 2015

LCO No. 7937

   
 

*SB0113507937SRO*

Offered by:

 

SEN. MCLACHLAN, 24th Dist.

 

To: Subst. Senate Bill No. 1135

File No. 822

Cal. No. 497

"AN ACT CONCERNING THE MANAGEMENT OF REVENUE VOLATILITY. "

In line 23, strike "(f)" and insert "(g)" in lieu thereof

In line 40, strike "(f)" and insert "(g)" in lieu thereof

In line 50, strike "(f)" and insert "(g)" in lieu thereof

In line 58, strike "(f)" and insert "(g)" in lieu thereof

In line 65, strike "(f)" and insert "(g)" in lieu thereof

In line 405, bracket "November tenth" and after the closing bracket insert "October fifteenth"

In line 411, bracket "November tenth" and after the closing bracket insert "October fifteenth"

In line 415, insert an opening bracket before "November"

In line 416, insert a closing bracket after "twentieth" and after the closing bracket insert "October twenty-fifth"

After line 442, insert the following:

"(c) During any regular session of the General Assembly in the odd-numbered years, the joint standing committee of the General Assembly having cognizance of matters relating to finance, revenue and bonding shall not vote on a revenue plan until it has received either the revised consensus revenue estimate issued in April or the statement that no revisions are necessary in accordance with subsection (b) of this section."

In line 443, bracket "(c)" and after the closing bracket insert "(d)"

In line 452, bracket "(d)" and after the closing bracket insert "(e)"

Strike lines 453 to 459, inclusive, in their entirety and substitute the following in lieu thereof:

"[(d)] (e) (1) The joint standing [committees] committee of the General Assembly having cognizance of matters relating to appropriations [and finance, revenue and bonding] shall, on or before the tenth business day after a revised consensus revenue estimate is issued in April pursuant to subsection [(c)] (d) of this section, prepare and vote on an adjusted appropriation [and revenue plans] plan, if necessary to address such revised consensus revenue estimate. "

In line 464, bracket "(c)" and after the closing bracket insert "(d)"

In line 469, bracket "(e)" and after the closing bracket insert "(f)"

In lines 469 and 471, bracket "(d)" and after the closing bracket insert "(e)"

In line 473, strike "(f)" and insert "(g)" in lieu thereof