There is created a Capital Equipment Purchase Fund. The fund shall be administered by the Secretary of the Office of Policy and Management. The fund shall be used for the purpose of acquiring, by purchase or by exercise of prepayment or purchase options in existing capital leases entered into by the state, capital equipment with an anticipated remaining useful life of not less than five years from the date of purchase and (1) to the extent of not more than two million nine hundred thousand dollars, payment for projects under subsection (a) of section 4-67f, and (2) to the extent of not more than one hundred thousand dollars, payment for awards under subsection (b) of said section. Notwithstanding the provisions of this section, or any regulations adopted under the general statutes, a state agency may purchase necessary data processing equipment that has a unit price of less than one thousand dollars from the Capital Equipment Purchase Fund authorized under section 4a-10, provided such equipment has a useful life of not less than five years.
(P.A. 87-361, S. 1, 3; P.A. 88-276, S. 1, 2; May Sp. Sess. P.A. 92-7, S. 3, 36; May Sp. Sess. P.A. 94-2, S. 2, 203; P.A. 96-27, S. 1, 2; P.A. 00-167, S. 56, 69; June Sp. Sess. P.A. 01-7, S. 24, 28.)
History: P.A. 88-276 removed former Subsecs. (b) and (c) concerning the Capital Equipment Debt Service Fund and certain transitional provisions concerning the start-up of the Capital Equipment Purchase Fund; May Sp. Sess. P.A. 92-7 added provision regarding allocations for Sec. 4-67f; May Sp. Sess. P.A. 94-2 made technical change re application for funds, effective July 1, 1994; P.A. 96-27 substituted requirement that fund be administered by Secretary of the Office of Policy and Management for requirement that secretary submit written request to Commissioner of Administrative Services for use of fund, effective July 1, 1996; P.A. 00-167 extended the requirement for useful life of equipment purchased under this section from three to five years, effective July 1, 2000; June Sp. Sess. P.A. 01-7 added provision authorizing agencies to purchase data processing equipment with a useful life of not less than five years and having unit price of less than $1,000 from the Capital Equipment Purchase Fund, effective July 1, 2001.
Structure Connecticut General Statutes
Title 4a - Administrative Services
Chapter 57 - Department of Administrative Services
Section 4a-2. (Formerly Sec. 4-23b). - Commissioner's general powers and responsibilities.
Section 4a-2b. - Master insurance program.
Section 4a-2c. - Diversity training program.
Section 4a-2d. - Online posting of links to state employment opportunities required.
Section 4a-4. (Formerly Sec. 4-23j). - Control of state property and equipment.
Section 4a-5. (Formerly Sec. 4-23l). - State motor pool.
Section 4a-5a. - State agency use of services provided by the Department of Administrative Services.
Section 4a-7a. - Personal service agreements.
Section 4a-9. - Capital Equipment Purchase Fund.
Section 4a-10. - Bond issue for Capital Equipment Purchase Fund.
Section 4a-10a. - 2-1-1 Infoline program.
Section 4a-11. - Bond issue for higher education for Capital Equipment Purchase Fund.
Section 4a-11c. - Bond issue for Judicial Department for Capital Equipment Purchase Fund.
Section 4a-14. (Formerly Sec. 4-68b). - Estate administrator.
Section 4a-15. (Formerly Sec. 4-68c). - Powers and duties of administrator.
Section 4a-17. (Formerly Sec. 4-68f). - Service of process on persons with psychiatric disabilities.
Section 4a-18. (Formerly Sec. 4-68i). - Location of deserting parents and liable relatives.