AN ACT CONCERNING THE RECOMMENDATIONS OF THE INTERGOVERNMENTAL POLICY AND PLANNING DIVISION WITHIN THE OFFICE OF POLICY AND MANAGEMENT.

This bill updates how Connecticut distributes state funds to municipalities for capital improvements and economic assistance. It requires the Secretary of the Office of Policy and Management to issue grants to towns by June 30 each year if those towns have used or plan to use all previously received funds, and mandates annual reporting by municipalities on how they spent those grants. The legislation also establishes a small town economic assistance program with a $1 million annual cap per municipality, excludes economically distressed communities from eligibility, and allows certain towns to opt into this program instead of other financial assistance. Additionally, it requires the secretary to publicly post school funding allocations and expands the secretary's authority to identify state-owned real property for potential tax assessment purposes.