(a) There is established an account to be known as the “regional planning incentive account” which shall be a separate, nonlapsing account within the General Fund. The account shall contain any moneys required by law to be deposited in the account. Except as provided in subsection (e) of this section, moneys in the account shall be expended by the Secretary of the Office of Policy and Management for the purposes of first providing funding to regional planning organizations in accordance with the provisions of subsections (b), (c) and (d) of this section and then to providing grants under the regional performance incentive program established pursuant to § 4-124s.

Terms Used In Connecticut General Statutes 4-66k

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(b) For the fiscal year ending June 30, 2014, funds from the regional planning incentive account shall be distributed to each regional planning organization, as defined in § 4-124i of the general statutes, revision of 1958, revised to January 1, 2013, in the amount of one hundred twenty-five thousand dollars. Any regional council of governments that is comprised of any two or more regional planning organizations that voluntarily consolidate on or before December 31, 2013, shall receive an additional payment in an amount equal to the amount the regional planning organizations would have received if such regional planning organizations had not voluntarily consolidated.

(c) For the fiscal years ending June 30, 2015, to June 30, 2021, inclusive, funds from the regional planning incentive account shall be distributed to each regional council of governments formed pursuant to § 4-124j, in the amount of one hundred twenty-five thousand dollars plus fifty cents per capita, using population information from the most recent federal decennial census. Any regional council of governments that is comprised of any two or more regional planning organizations, as defined in § 4-124i of the general statutes, revision of 1958, revised to January 1, 2013, that voluntarily consolidated on or before December 31, 2013, shall receive a payment in the amount of one hundred twenty-five thousand dollars for each such regional planning organization that voluntarily consolidated on or before said date.

(d) (1) For the fiscal year ending June 30, 2022, and each fiscal year thereafter, funds from the regional planning incentive account shall be distributed to each regional council of governments formed pursuant to § 4-124j, in the amount of one hundred eighty-five thousand five hundred dollars plus sixty-eight cents per capita, using population information from the most recent federal decennial census.

(2) Not later than July 1, 2021, and annually thereafter, each regional council of governments shall submit to the secretary a proposal for expenditure of the funds described in subdivision (1) of this subsection. Such proposal may include, but need not be limited to, a description of (A) functions, activities or services currently performed by the state or municipalities that may be provided in a more efficient, cost-effective, responsive or higher quality manner by such council, a regional educational service center or similar regional entity; (B) anticipated cost savings relating to the sharing of government services, including, but not limited to, joint purchasing; (C) the standardization and alignment of various regions of the state; or (D) any other initiatives that may facilitate the delivery of services to the public in a more efficient, cost-effective, responsive or higher quality manner.

(e) There is established a regionalization subaccount within the regional planning incentive account. If the Connecticut Lottery Corporation offers online its existing lottery draw games through the corporation’s Internet web site, online service or mobile application, and after any payment to the Connecticut Teachers’ Retirement Fund Bonds Special Capital Reserve Fund required pursuant to § 12-812, the revenue from such online offering that exceeds an amount equivalent to the costs of the debt-free community college program under § 10a-174 shall be transferred to the subaccount, or, if such online offering is not established, the amount provided under subsection (b) of section 364 of public act 19-117* for regionalization initiatives shall be deposited in the subaccount. Moneys in the subaccount shall be expended only for the purposes recommended by the task force established under § 4-66s.