Senate Bill No. 1154, Public Act No. 23-197, implements recommendations from the Auditors of Public Accounts with several amendments to Connecticut's general statutes, effective October 1, 2023. The bill broadens the confidentiality scope during investigations by including any complaint or the name of a person providing information, not just "an employee," in subsection (b) of section 1-210. It also mandates public meetings to discuss financial irregularities and corrective actions following audit reports, establishes a combined balance sheet for appropriated funds as of July 1, 2013, and requires annual reconciliation of the General Fund's unassigned balance. The Secretary of the Office of Policy and Management is tasked with publishing an amortization schedule to address the negative unassigned balance by June 30, 2028, and the bill updates budget document requirements to align with accepted accounting practices.

The bill further stipulates that the Governor must make recommendations to the General Assembly to address projected deficits or suggest uses for surpluses based on estimated revenues and appropriations for the upcoming biennium. It requires various authorities, including the Connecticut Municipal Redevelopment Authority and the Capital Region Development Authority, to submit detailed financial and policy reports within the first ninety days of each fiscal year. These reports should include information on bonds issued, development projects, significant payments to individuals and firms, and a comprehensive financial report. The bill includes insertions and deletions of the word "annual" to clarify the reporting requirements.

Statutes affected:
Raised Bill: 4-72
GAE Joint Favorable: 4-72
File No. 498: 4-72
Public Act No. 23-197: 4-72