Page 118

House Bill No. 5506

Public Act No. 22-118 118 of 739

shall adopt all needed actuarial tables and may adopt regulations and rules not inconsistent with this chapter, including regulations and rules for payment of purchased service credits and repayment of previously withdrawn accumulated contributions. Said board shall establish an operational budget necessary for the management of the system. The board may enter into such contractual agreements, in accordance with established procedures, as may be necessary for the discharge of its duties. Sec. 92. Section 4-74a of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2022): The budget document shall include: [the] (1) The recommendations of the Governor concerning the economy, [and shall include] including, but not limited to, an analysis of the impact of both proposed spending and proposed revenue programs on the employment, production and purchasing power of the people and industries within the state; and (2) an explanation of the manner in which provisions of the budget further the Governor's efforts to ensure equity in the state. For purposes of this section, "equity" means efforts, regulations, policies, programs, standards, processes and any other functions of government or principles of law and governance intended to: (A) Identify and remedy past and present patterns of discrimination or inequality against and disparities in outcome for any class protected in chapter 814c; (B) ensure that such patterns of discrimination, inequality and disparities in outcome, whether intentional or unintentional, are neither reinforced nor perpetuated; and (C) prevent the emergence and persistence of foreseeable future patterns of discrimination against or disparities in outcome for any class protected in chapter 814c. Sec. 93. Section 448 of public act 21-2 of the June special session is repealed and the following is substituted in lieu thereof (Effective from passage):