HB05187 • 2026

AN ACT ADJUSTING THE FISCAL GUARDRAILS.

Budget Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Rep. Jason Doucette, 13th Dist.
Last action: 2026-02-20
Official status: Public Hearing 02/27
Effective date: Not listed

Plain English Breakdown

The bill has passed both chambers and reached final enrollment according to metadata, but no effective date is listed in the provided source material.

HB05187 Adjusting Fiscal Guardrails

This bill changes how officials calculate money limits for volatility fund transfers and raises the maximum size allowed for the Budget Reserve Fund.

What This Bill Does

Changes the method used to find threshold amounts for revenue transfers under section 4-30a of general statutes.
Requires using an inflation-adjusted five-year moving average of transferred revenue in calculations.
Increases the maximum capacity limit for the Budget Reserve Fund.
Sets the new fund cap at twenty percent of net General Fund appropriations.

Who It Names or Affects

State officials calculating annual revenue transfer thresholds
Managers of the Budget Reserve Fund

Limits and Unknowns

The official text does not state a specific effective date for these changes.
The source material does not explain how this change affects individual taxpayers or local governments directly.

Bill History

2026-02-20 Connecticut General Assembly
Public Hearing 02/27
2026-02-18 FIN
Reserved for Subject Matter Public Hearing
2026-02-11 Connecticut General Assembly
Referred to Joint Committee on Finance, Revenue and Bonding

Official Summary Text

To adjust the methodology used to calculate the threshold amounts for volatility funds transfers and increase the maximum capacity of the Budget Reserve Fund.

Current Bill Text

Read the full stored 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.