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CT HB05104

Bill

Official Source

Status

Introduced

2/16/2012

Primary Sponsor

Marie Kirkley-Bey

Click for details

Origin

House of Representatives

2012 General Assembly

AI Summary

  • State Bond Commission authorized to issue bonds up to $500,000 in aggregate principal amount, effective July 1, 2012
  • Proceeds from bond sales to be used by Department of Economic and Community Development to provide a grant-in-aid to Spanish American Merchants Association
  • Grant funds designated for improvements to Spanish American Merchants Association facility in Hartford
  • Bonds are general obligations of the state with full faith and credit pledge; bonds shall mature within 20 years
  • Provisions of Connecticut General Statutes section 3-20 apply to bond issuance, including authorization of temporary notes and State Treasurer payment obligations

Legislative Description

An Act Authorizing Bonds Of The State For The Spanish American Merchants Association.

Last Action

Public Hearing 03/06

3/1/2012

Committee Referrals

Commerce2/16/2012

Full Bill Text

No bill text available