Connecticut HB05390 establishes a seven million dollar distribution formula for the Regional Planning Incentive Account, effective July 1, 2026.
Connecticut HB05390 amends the Regional Planning Incentive Account by setting a seven million dollar distribution formula, updated every five years by the Secretary of the Office of Policy and Management in consultation with regional councils of governments. The formula includes a base payment and a per capita payment based on population data. Effective July 1, 2026, funds will be distributed to regional councils of governments to support positions and services for housing development planning.
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