Bill

Bill > SB00399


CT SB00399

CT SB00399
An Act Concerning The Regional Planning Incentive Account Distribution Formula.


summary

Introduced
01/09/2025
In Committee
01/09/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To change the regional planning incentive account distribution formula by indexing the per capita payment amount to inflation or an amount determined by the General Assembly, provided such amount shall not be decreased.

AI Summary

This bill modifies the existing law regarding the regional planning incentive account distribution formula by introducing a mechanism to adjust the per capita payment amount. Specifically, the bill proposes that the payment amount will be either indexed to inflation or set at an amount determined by the General Assembly, with a key provision that the payment amount cannot be reduced from its current level. The regional planning incentive account is a fund designed to support regional planning efforts, and this bill aims to ensure that the funding for these regional planning organizations keeps pace with economic changes or legislative priorities. By preventing any potential decreases in the per capita payment amount, the bill provides financial stability and predictability for regional planning agencies, which typically work on coordinating land use, transportation, economic development, and other cross-municipal planning initiatives.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Referred to Joint Committee on Planning and Development (on 01/09/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...