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CT HB05202

Bill

Official Source

Status

Introduced

1/13/2011

Primary Sponsor

Environment Committee

Click for details

Origin

House of Representatives

2011 General Assembly

AI Summary

  • Authorizes the State Bond Commission to issue up to $20 million in bonds for the Department of Agriculture to purchase development rights to agricultural lands under Connecticut General Statutes section 22-26cc.

  • Authorizes the State Bond Commission to issue up to $2 million in bonds for the Department of Agriculture to fund the community farms program under Connecticut General Statutes section 22a-26nn.

  • Bonds shall be general obligations of the state with maturity dates not exceeding 20 years, backed by the full faith and credit of Connecticut.

  • Temporary notes may be issued in anticipation of bond sale proceeds and renewed as needed, subject to approval by the Secretary of the Office of Policy and Management.

  • Effective date is July 1, 2011.

Legislative Description

An Act Authorizing The Issuance Of Bonds For Farmland Preservation.

Last Action

Favorable Change of Reference, Senate to Committee on Finance, Revenue and Bonding

3/15/2011

Committee Referrals

Finance, Revenue and Bonding3/9/2011
Environment1/13/2011

Full Bill Text

No bill text available