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DE
Lamont Submits Supplemental Plan To Use Emergency State Response Reserve to Maintain Affordability for CT Residents
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Greenwich Free Press
This is the second time Governor Lamont has submitted a plan to withdraw funding from the reserve, which was created in November through Special Act 25-1 in anticipation of federal funding reductions.
A total of $500 million in state surplus funding was allocated for the reserve, and the enabling statute authorizes the governor to transfer funding from it in response to ongoing needs.
The governor’s initial plan to use the reserve was submitted in December and contains $167.9 million in expenditures.
Those expenditures were reviewed by bipartisan legislative leaders, and without objection the funding was subsequently transferred to the recipient agencies and organizations.
Governor Lamont’s second plan, submitted on Thursday, contains the following items: