2013 Connecticut General Statutes
Title 4 - Management of State Agencies
Chapter 47 - State Property and Funds
Section 4-30b - Use of unappropriated surplus in fiscal years ending June 30, 2010, to June 30, 2017.


CT Gen Stat § 4-30b (2013) What's This?

Notwithstanding the provisions of section 4-30a, after the accounts for the fiscal year ending June 30, 2010, and each fiscal year thereafter, until and including the fiscal year ending June 30, 2017, are closed, if the Comptroller determines there exists an unappropriated surplus in the General Fund, the amount of any such surplus shall first be used for redeeming prior to maturity any outstanding notes issued under section 3-20g, and any amount beyond that required to redeem such notes shall be used to reduce the obligations of the state under the financing plan authorized under section 88 of public act 09-3 of the June special session*.

(June Sp. Sess. P.A. 09-3, S. 511.)

*Note: Section 88 of public act 09-3 of the June special session is special in nature and therefore has not been codified but remains in full force and effect according to its terms.

History: June Sp. Sess. P.A. 09-3 effective September 9, 2009.

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