Connecticut HB 5187: AN ACT ADJUSTING THE FISCAL GUARDRAILS.

Bill Text

LCO No. 947 1 of 2

General Assembly Proposed Bill No. 5187
February Session, 2026 LCO No. 947

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. DOUCETTE, 13th Dist.
REP. BIGGINS, 11th Dist.
REP. BROWN, 56th Dist.
REP. BROWN M., 127th Dist.
REP. CHAFEE, 33rd Dist.
REP. DEMICCO, 21st Dist.
REP. ELLIOTT, 88th Dist.
REP. FARRAR, 20th Dist.
REP. FORTIER, 79th Dist.
REP. GAUTHIER, 38th Dist.
REP. GILCHREST, 18th Dist.
REP. GODFREY, 110th Dist.
REP. GUCKER, 138th Dist.
REP. HEFFERNAN, 115th Dist.
REP. JOHNSON, 49th Dist.
REP. KAVROS DEGRAW, 17th Dist.
REP. KEITT, 134th Dist.
REP. KHAN, 5th Dist.
REP. LEMAR, 96th Dist.
REP. LUXENBERG, 12th Dist.
REP. MARTINEZ, 22nd Dist.
REP. MENAPACE, 37th Dist.
REP. MCGEE T., 116th Dist.
REP. MORRIN BELLO, 28th Dist.
REP. NOLAN, 39th Dist.
REP. PARIS, 145th Dist.
REP. SHAKE, 120th Dist.
REP. SHANNON, 117th Dist.
REP. SIMMS, 140th Dist.
REP. SWEET, 91st Dist.
SEN. SLAP, 5th Dist.
REP. ROCHELLE, 104th Dist.
REP. TURCO, 27th Dist.
REP. WINTER, 94th Dist.

AN ACT ADJUSTING THE FISCAL GUARDRAILS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the general statutes be amended to (1) adjust the methodology 1
used to calculate the annual adjustment to the threshold amount of the 2
revenue transfer under section 4-30a of the general statutes, to use an 3

Proposed Bill No. 5187

LCO No. 947 2 of 2

inflation-adjusted five-year moving average of the revenue being 4
transferred, and (2) increase the maximum capacity of the Budget 5
Reserve Fund to twenty per cent of net General Fund appropriations. 6
Statement of Purpose:
To adjust the methodology used to calculate the threshold amounts for
volatility funds transfers and increase the maximum capacity of the
Budget Reserve Fund.