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CT HB05188

Bill

Official Source

Status

Introduced

2/17/2012

Primary Sponsor

John Fonfara

Click for details

Origin

House of Representatives

2012 General Assembly

AI Summary

  • Authorizes the State Bond Commission to issue up to $2 million in state bonds for FEMA buy-out program matching grants
  • Proceeds from bond sales shall be allocated to the Department of Energy and Environmental Protection
  • Funds will provide grant-in-aid to distressed municipalities participating in FEMA programs that purchase homes located in flood plains at fair market value
  • Enables towns to expand open space by removing residential properties from flood-prone areas

Legislative Description

An Act Authorizing Bonds Of The State For Matching Grants For Fema Buy-out Programs.

Last Action

Referred to Joint Committee on Environment

2/17/2012

Committee Referrals

Environment2/17/2012

Full Bill Text

No bill text available