CT SB00344

Authorizes the State Bond Commission to issue bonds in principal amounts not exceeding $4,225,000, effective July 1, 2012

Allocates bond proceeds through the Department of Economic and Community Development for housing rehabilitation, capital improvements, and economic development across multiple Hartford projects

Designates funding limits: $1,000,000 for Vinewood Housing Development renovations, $2,000,000 for metropolitan economic development center construction, and $1,000,000 for John E. Rogers African American Cultural Center improvements

Allocates remaining funds: $50,000 for barber licensing assistance program through Department of Public Health, $25,000 for Greater Hartford Pro-Am programming grants, and $150,000 for Bloomfield Early Learning Center renovations

Establishes bonds as general obligations of the state with full faith and credit pledge, maturity not to exceed 20 years, subject to standard bonding procedures under Connecticut General Statutes Section 3-20