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CT HB05437
Bill
Status
3/4/2010
Primary Sponsor
Linda Schofield
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AI Summary
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State Bond Commission authorized to issue up to $100 million in bonds for brownfield remediation and development funding through the Department of Economic and Community Development.
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Bond authorization released in $10 million increments annually from July 1, 2010 through July 1, 2019.
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Proceeds directed to the Office of Brownfield Remediation and Development established under section 32-9cc of the general statutes.
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Bonds are general obligations of the state with full faith and credit pledge; bonds mature within 20 years of issuance.
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Act takes effect July 1, 2010.
Legislative Description
An Act Concerning Funding For Brownfield Remediation And Development.
Last Action
Favorable Change of Reference, Senate to Committee on Finance, Revenue and Bonding
3/22/2010