Breaking Down the Budget ProcessApril 24, 2023
We are more than halfway through the regular session, and this is the time of year when legislative activity picks up in the Connecticut General Assembly. After weeks of holding public hearings, the Finance, Revenue, and Bonding Committee and Appropriations Committee approved their budget proposals (Appropriations handles the spending side and Finance handles the revenue side).
The next step…negotiations and compromise: Legislators will work with Governor Lamont and his staff to craft the final budget agreement. The budget bill then goes before the House and Senate for consideration. The governor must sign the budget before the end of the fiscal year on June 30.
Take a look at the graphic below for a glimpse of the budget process timeline.
I will keep you posted as we bring the budget bill to the floor to be debated and voted on in the coming weeks.