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 the Governor and his staff to craft the final budget agreement. The budget bill then goes before the House and Senate for consideration. After being passed by both chambers, the legislature's final budget must then be signed into law by the governor before the end of the fiscal year, June 30th.
Take a look at the graphic below for a glimpse of the budget process timeline.