RESOLUTION PROPOSING A STATE CONSTITUTIONAL AMENDMENT CONCERNING THE VOLATILITY CAP.

HJ 4 is a procedural resolution proposing a constitutional amendment to formally incorporate an existing revenue transfer requirement into the state Constitution. It specifically aims to codify the requirement under section 4-30a of the general statutes, which directs certain state revenues to be transferred to a designated fund. This resolution does not create new policy but instead elevates an existing statutory provision to constitutional status. The amendment would directly affect how state revenue transfers are governed under the Constitution.