Bill > HB05506

This bill makes various adjustments to the state budget for the biennium ending June 30, 2023, concerning provisions related to revenue, school construction, and other items to implement the state budget. Key provisions include: - Adjustments to various agency budgets, including increases and decreases to appropriations for Personal Services, Other Expenses, and other line items. - Establishing new funds and accounts, including the "Cannabis Regulatory and Investment Account" and the "Social Equity and Innovation Account" to support cannabis-related activities and programs. - Authorizing the Department of Economic and Community Development to provide grants and other funding for major projects and community development initiatives. - Making changes to the Connecticut Retirement Security Program, including transferring administration of the program from the Connecticut Retirement Security Authority to the Office of the State Comptroller. - Providing premium pay assistance to certain essential workers who were unable to work due to contracting COVID-19. - Allocating federal American Rescue Plan Act funds for various purposes, including supporting higher education, local governments, and COVID-19 response measures. - Authorizing the transfer of funds from various accounts to support the state budget. Overall, the bill makes a range of adjustments to the state budget, revenue sources, and various programs and initiatives to implement the state's spending and policy priorities for the current biennium.

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05506&which_year=2022