§ 7-560 Definitions
§ 7-561 Establishment of property tax intercept procedure and debt service payment fund
§ 7-562 Documentation for issuance of general obligations. Requirements for intercept procedures and debt service payment fund. Percentage or amount of property tax deposited in fund. Fund use
§ 7-563 Indenture or other agreements
§ 7-564 Rights and remedies of holders of general obligations
§ 7-565 State pledge to holders of general obligations
§ 7-566 Municipal petition to become a debtor
§ 7-567 Additional property tax to pay current year’s expenses
§ 7-568 Issuance of deficit obligations to fund general fund deficiency. Required designation of designated tier III municipalities
§ 7-569 Obligation for which there is a special capital reserve fund. State Treasurer’s approval
§ 7-570 Issuance of additional general obligations
§ 7-571 Establishment of special capital reserve fund to secure general obligations
§ 7-572 Application by tier I municipality to Secretary of Office of Policy and Management for certification or designation to issue general obligations
§ 7-573 Requirements for general obligations by tier I certified or designated municipality
§ 7-574 Application by tier II municipality to Secretary of Office of Policy and Management for certification to issue general obligations
§ 7-575 Requirements for general obligations by certified tier II municipalities or designated tier II, III or IV municipalities. Designation as tier III municipality for issuance of deficit obligation
§ 7-576 Referral of tier II municipality to Municipal Finance Advisory Commission. Three-year financial plan. Monthly reports
§ 7-576a Application by municipality to Secretary of Office of Policy and Management for designation as tier I municipality. Conditions. Referral to Municipal Finance Advisory Commission
§ 7-576b Application by municipality to Secretary of Office of Policy and Management for designation as tier II municipality. Conditions. Referral to Municipal Accountability Review Board
§ 7-576c Application by municipality to Secretary of Office of Policy and Management for designation as tier III municipality. Conditions. Notice to legislative body. Approval or rejection by legislative body. Designation by secretary. Referral to Municipal Accoun
§ 7-576d Municipal Accountability Review Board. Established. Membership. Terms. Vacancies. Alternates. Expenses. Responsibilities and authorities. Requirement to supply financial reports and records to board. Collective bargaining negotiations with municipal or bo
§ 7-576e Application by municipality to Secretary of Office of Policy and Management for designation as tier IV municipality. Approval. Notice to municipal legislative body. Approval or rejection by municipal legislative body. Designation by Municipal Accountabili
§ 7-576f Retention of designation as tier I or II municipality. Requirements for ending designation
§ 7-576g Retention of designation as tier III or IV municipality. Requirements for ending designation
§ 7-576h Property tax levy by tier II, III or IV municipality. Limitation. Exception
§ 7-576i Municipal Restructuring Fund. Eligibility for funds. Submission of restructuring plan. Board monitoring of use of funds. Guidance development by secretary. Board approval of budgets. Exception
§ 7-576j Contract with designated tier III or IV municipality for contract assistance. Limits. Provisions. Prohibition. Uses. Other credit support
§ 7-577 Attorney General to apply for writ of mandamus
§ 7-578 Municipal comprehensive economic development plan to increase tax base
§ 7-579 Definition of deficit obligation re town and city of New Haven
§ 7-579a Determination of cumulative excess of expenditures and excess of estimated expenditures for certain fiscal years

Terms Used In Connecticut General Statutes > Chapter 117

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Contract: A legal written agreement that becomes binding when signed.
  • Counterclaim: A claim that a defendant makes against a plaintiff.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Ex officio: Literally, by virtue of one's office.
  • 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.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • legislative body: means : (1) As applied to unconsolidated towns, the town meeting. See Connecticut General Statutes 1-1
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Minority leader: See Floor Leaders
  • month: means a calendar month, and the word "year" means a calendar year, unless otherwise expressed. See Connecticut General Statutes 1-1
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Ordinance: means an enactment under the provisions of section 7-157. See Connecticut General Statutes 1-1
  • Personal property: All property that is not real property.
  • President pro tempore: A constitutionally recognized officer of the Senate who presides over the chamber in the absence of the Vice President. The President Pro Tempore (or, "president for a time") is elected by the Senate and is, by custom, the Senator of the majority party with the longest record of continuous service.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Statute: A law passed by a legislature.
  • succeeding: when used by way of reference to any section or sections, mean the section or sections next preceding, next following or next succeeding, unless some other section is expressly designated in such reference. See Connecticut General Statutes 1-1
  • Trustee: A person or institution holding and administering property in trust.
  • User fees: Fees charged to users of goods or services provided by the government. In levying or authorizing these fees, the legislature determines whether the revenue should go into the treasury or should be available to the agency providing the goods or services.
  • Venue: The geographical location in which a case is tried.
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.