Connecticut Seal

General Assembly

 

Substitute Bill No. 180

    February Session, 2018

 

*_____SB00180GAE___031218____*

AN ACT REQUIRING EXECUTIVE AND LEGISLATIVE REVIEW OF CERTAIN QUASI-PUBLIC AGENCY CONTRACTS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (NEW) (Effective October 1, 2018, and applicable to contracts entered into or renewed on or after said date) (a) For the purposes of this section, "quasi-public agency" has the same meaning as provided in section 1-120 of the general statutes and "contract" means any of the following that a quasi-public agency intends to enter into or renew: (1) An employment contract with an annual increase or bonus of more than fifty thousand dollars, (2) a consulting contract with an annual cost of more than five hundred thousand dollars, or (3) a separation agreement with a cost of more than one hundred thousand dollars.

(b) On and after October 1, 2018, each quasi-public agency shall submit a copy of each contract to the Attorney General for review and comment prior to entering into or renewing such contract. The quasi-public agency shall also, at the time of submission of such contract to the Attorney General, submit a copy of such contract to the joint standing committee of the General Assembly having cognizance of such quasi-public agency, in accordance with the provisions of section 11-4a of the general statutes. The provisions of this section shall not apply to any third-party consulting contract with a firm or individual associated with financial activities, if such contract is entered into or renewed for the purposes of (1) complying with state or federal law or regulation, or (2) administering a federal program.

This act shall take effect as follows and shall amend the following sections:

Section 1

October 1, 2018, and applicable to contracts entered into or renewed on or after said date

New section

Statement of Legislative Commissioners:

In Section 1(b), "or renewed" was added for consistency.

GAE

Joint Favorable Subst.