(a) There is established a fund to be known as the Coordinated Emergency Recovery Fund. The State Treasurer shall be the custodian of said fund and is authorized to accept gifts, grants or donations from private sources to be held in the fund and disbursed in accordance with subsection (b) of this section and sections 45a-514 and 47-2. The sums received by the fund shall be accounted for separately and apart from all other state moneys, and the full faith and credit of the state of Connecticut is pledged for their safekeeping.
(b) Disbursements from the fund shall be made by the State Treasurer or the State Treasurer's designee to CT CARE upon (1) the declaration of an eligible incident, and (2) receipt of the certification required in subdivision (6) of subsection (c) of section 4-37s.
(c) On or before January 1, 2014, and monthly thereafter, the State Treasurer shall submit to the Governor and the Attorney General a report on the financial condition of the Coordinated Emergency Recovery Fund. Such report shall include (1) an estimate of the fund's value as of the date of the report; (2) the effect of disbursements and scheduled disbursements on the fund's value; and (3) an estimate of the monthly administrative costs necessary to operate the fund.
(P.A. 13-275, S. 6.)
History: P.A. 13-275 effective July 11, 2013.
Structure Connecticut General Statutes
Title 4 - Management of State Agencies
Chapter 47 - State Property and Funds
Section 4-24a and 4-24b. - Capitol Center Commission. Director and staff; contracts; federal aid.
Section 4-28a. - Advisory commission.
Section 4-28e. - Tobacco Settlement Fund. Disbursements.
Section 4-28j. - Cigarette manufacturers: Compliance with escrow requirements. Penalties.
Section 4-28k. - Cigarette manufacturers: Enforcement. Definitions.
Section 4-28l. - Cigarette manufacturers: Enforcement. Certification.
Section 4-28m. - Cigarette manufacturers: Directory. Violations of law. Review.
Section 4-28n. - Cigarette manufacturers: Agents for service of process. Bonds or other security.
Section 4-28r. - Cigarette manufacturers: Severability of provisions.
Section 4-29. - Use of appropriations in conjunction with federal funds.
Section 4-29a. - Revenue sharing funds.
Section 4-29b. - Use of indirect cost recoveries.
Section 4-29c. - Certain securities-related funds.
Section 4-30. - Borrowing money for the Transportation Department.
Section 4-31. - Disposition of insurance funds.
Section 4-31b. - Annual statement re internal service fund operations.
Section 4-31c. - Grants and Restricted Accounts Fund.
Section 4-31d. - System to track federal and alternative grant funding. Liaisons. Report.
Section 4-32. - State revenue accounting.
Section 4-33. - Deposit of public money and trust funds.
Section 4-36. - Inventory and list of state property.
Section 4-37. - Payment to persons entitled to refund of money paid to state.
Section 4-37d. - Financial management task force.
Section 4-37g. - Review of foundation audit reports. Audit by Auditors of Public Accounts.
Section 4-37h. - Procedures for foundation solicitations.
Section 4-37r. - Coordinated emergency recovery. Definitions.
Section 4-37t. - Coordinated emergency recovery. Fund. Disbursements to CT CARE.