(a) There is established an account to be known as the “debt-free community college account” which shall be a separate, nonlapsing account within the General Fund. The account shall contain any moneys required by law to be deposited in the account, including, but not limited to, (1) state appropriations for the debt-free community college program established pursuant to section 10a-174, and (2) deposits from the Connecticut Lottery Corporation in accordance with subsection (d) of section 12-812. Moneys in the account shall be expended by the Board of Regents for Higher Education for the purposes of the debt-free community college program established pursuant to section 10a-174.
(b) Not later than January 1, 2023, July 1, 2023, January 1, 2024, and January first annually thereafter, the president of the Connecticut Lottery Corporation shall report to the Board of Regents for Higher Education (1) the amount of revenue received by the corporation from online lottery ticket sales, as defined in section 12-801, during the current fiscal year, and (2) an estimate of the amount that will be deposited in the debt-free community college account from such sales pursuant to subsection (d) of section 12-812 during the next fiscal year.
(June Sp. Sess. P.A. 21-2, S. 70.)
History: June Sp. Sess. P.A. 21-2 effective July 1, 2021.
Structure Connecticut General Statutes
Title 10a - State System of Higher Education
Chapter 186 - State Financial Assistance
Section 10a-161a. - Report on trends in attendance cost and student financial aid.
Section 10a-161b. - Student Financial Aid Information Council.
Section 10a-161c. - Report on institutional financial aid to undergraduate students.
Section 10a-164. (Formerly Sec. 10-116o). - State supplemental grant program.
Section 10a-164a. - Connecticut aid to public college students grant program.
Section 10a-165. (Formerly Sec. 10-116p). - Work-study programs.
Section 10a-167. (Formerly Sec. 10-116r). - Scholarships for Vietnam era veterans.
Section 10a-168a. - Minority teacher incentive program.
Section 10a-168b. - Minority educator loan reimbursement grant program.
Section 10a-169. - Capitol scholarship grant program.
Section 10a-169a. - Information technology scholarship pilot program.
Section 10a-169b. - Information technology loan reimbursement pilot program.
Section 10a-170w. - Gear up for Connecticut futures account.
Section 10a-171. - Transfer of functions.
Section 10a-172. - Information re students receiving financial aid from certain grants. Report.
Section 10a-173. - Roberta B. Willis Scholarship program.