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CT SB01137
Bill
Status
Introduced
3/3/2011
Primary Sponsor
Commerce Committee
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AI Summary
- State Bond Commission authorized to issue bonds not exceeding $3,200,000 in aggregate principal amount, effective July 1, 2011.
- Bond proceeds shall be used by the Department of Transportation to repair the freight rail bridge carrying traffic over the Connecticut River between Hartford and East Hartford.
- Bonds shall be general obligations of the state with full faith and credit backing, with bonds maturing within twenty years from issuance.
- State Treasurer shall make appropriations as necessary to pay principal and interest as they become due.
- Temporary notes may be issued in anticipation of bond sale proceeds in accordance with Connecticut General Statutes section 3-20.
Legislative Description
An Act Concerning The Connecticut River Bridge.
Last Action
Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding
3/21/2011
Committee Referrals
Finance, Revenue and Bonding3/17/2011
Commerce3/3/2011
Full Bill Text
No bill text available