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CT HB05046

Bill

Official Source

Status

Introduced

2/14/2012

Primary Sponsor

Christopher Davis

Click for details

Origin

House of Representatives

2012 General Assembly

AI Summary

  • Suspends allocation of state general obligation bonds until January 1, 2014
  • Exempts allocations for ongoing programs or projects from the moratorium
  • Exempts allocations that benefit the entire state from the moratorium
  • Applies the moratorium to "earmark" projects specifically targeted to individual areas
  • Amends section 3-20 of the general statutes to implement the moratorium through the State Bond Commission

Legislative Description

An Act Concerning A Moratorium On The Issuance Of General Obligation Bonds Of The State.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/14/2012

Committee Referrals

Finance, Revenue and Bonding2/14/2012

Full Bill Text

No bill text available