2005 Connecticut Code - Sec. 16-50bb. Municipal participation account.

      Sec. 16-50bb. Municipal participation account. (a) There is established an account to be known as the "municipal participation account", within the General Fund, which shall be a separate, nonlapsing account. There shall be deposited in the account the municipal participation fees received pursuant to subdivisions (1) and (3) of subsection (a) of section 16-50l. The interest derived from the investment of the account shall be credited to the account. Any balance remaining in the account at the end of any fiscal year shall be carried forward in the account for the fiscal year next succeeding.

      (b) Payments from the account shall be made upon authorization by the State Treasurer not later than sixty days after receipt of an application for a proposed facility, except for a facility described in subdivisions (5) and (6) of subsection (a) of section 16-50i, to each municipality entitled to receive a copy of such application under section 16-50l in order to defray expenses incurred by such municipalities in participating as a party to a certification proceeding, except for a proceeding on an application for a facility described in subdivision (5) or (6) of subsection (a) of section 16-50i. Any moneys remaining at the end of such proceeding shall be refunded to the applicant in even amounts. Where more than one municipality seeks moneys from such account, the council shall evenly distribute such moneys among the municipalities. No municipality may receive moneys from the account in excess of twenty-five thousand dollars. No municipality may receive moneys from the account in excess of the dollar amount such municipality has expended from its own municipal funds. A municipality that has received moneys from the account in excess of the costs it incurred in participating in the certification proceeding, as determined by the council, shall refund such excess moneys to the account upon the conclusion of such proceeding.

      (c) In administering the moneys in the account, the State Treasurer shall verify that the subject municipality (1) actually participated as a party to the subject certification proceeding, and (2) actually spent the money it claims to have spent on participating in the subject certification proceeding.

      (P.A. 03-140, S. 15; P.A. 04-236, S. 8.)

      History: P.A. 03-140 effective July 1, 2003, and applicable to applications for a certificate of environmental compatibility and public need filed after that date; P.A. 04-236 amended Subsec. (a) to make a technical change, effective June 8, 2004.