Connecticut Seal

General Assembly

File No. 407

    February Session, 2012

Substitute Senate Bill No. 299

Senate, April 12, 2012

The Committee on Education reported through SEN. STILLMAN of the 20th Dist., Chairperson of the Committee on the part of the Senate, that the substitute bill ought to pass.

This act shall take effect as follows and shall amend the following sections:

Section 1

from passage

10-285b(a)

Sec. 2

from passage

8-210

Sec. 3

July 1, 2012

10-19q

Sec. 4

from passage

10-220(a)

Sec. 5

from passage

10-264l(d)

Sec. 6

from passage

10-264h(a)

Sec. 7

from passage

10-5(a)

Sec. 8

from passage

10-67(1)

Sec. 9

from passage

10-76i(a)

Sec. 10

from passage

10-16x(g)

Sec. 11

from passage

10-215g(a)

Sec. 12

from passage

New section

Sec. 13

from passage

10-16n(c)

Sec. 14

from passage

10-4a

Sec. 15

from passage

10-282(18)

Sec. 16

from passage

10-286(a)(4)

Sec. 17

from passage

10-76e

Sec. 18

from passage

10-264l(c)(3)(E)

Sec. 19

from passage

10-264l(k)

Sec. 20

from passage

10-264l(o)

Sec. 21

from passage

10-221d(b)

ED

Joint Favorable Subst.

 

     

State Reimbursement Rate

 

Fiscal Year

Number of Projects

Total Cost of Projects $

Actual rate: 95% $

SB 299 rate: 80% $

Savings at 80% rate $

2011

6

1,266,257

1,202,944

1,013,006

(189,939)

2010

2

782,562

743,434

626,050

(117,384)

2009

0

-

-

-

-

2008

1

246,725

234,389

197,380

(37,009)

 

Estimated Average Annual Saving at 80%

(86,083)

Yea

31

Nay

0

(03/23/2012)

TOP

1 The estimated FY 13 reimbursement rate for the endowed academies ranges from 62% to 76%.

2 West Hartford, Winchester and Vernon are the three municipalities that currently operate this pilot program.