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CT SB00006
Bill
Status
Introduced
2/8/2012
Primary Sponsor
Leroy Frantz
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AI Summary
- Requires the Treasurer to hold all proceeds from bond issuances separately from other state moneys
- Prohibits bond proceeds from being used for any purpose except financing a specific program or project approved by the State Bond Commission
- Restricts bond proceeds from being used to pay for ongoing general government expenditures
- Applies only to bonds issued by the Treasurer as authorized by the State Bond Commission
Legislative Description
An Act Concerning The Use Of Bond Proceeds.
Last Action
Referred to Joint Committee on Finance, Revenue and Bonding
2/8/2012
Committee Referrals
Finance, Revenue and Bonding2/8/2012
Full Bill Text
No bill text available