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CT HB05500

Bill

Official Source

Status

Passed

5/29/2012

Primary Sponsor

Finance, Revenue and Bonding Committee

Click for details

Origin

House of Representatives

2012 General Assembly

AI Summary

  • Extends the deadline for financial assistance to the Steel Point project in Bridgeport from June 30, 2012 to June 30, 2015
  • Allows state agencies to provide up to $40 million in financial assistance from existing programs for Steel Point development and property improvements during the extended period
  • Changes the bond issuance deadline for the Steel Point district from four years to ten years after July 1, 2005
  • Permits the Steel Point district to be merged into the City of Bridgeport if no bonds are issued within the ten-year timeframe or after outstanding bonds are retired

Legislative Description

An Act Concerning An Adjustment To Certain Dates Relating To The Financing Of Steel Point In Bridgeport.

Last Action

Signed by the Governor

6/15/2012

Committee Referrals

Finance, Revenue and Bonding3/9/2012

Full Bill Text

No bill text available