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CT HB05618

Bill

Official Source

Status

Introduced

1/23/2013

Primary Sponsor

Higher Education and Employment Advancement Committee

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Origin

House of Representatives

2013 General Assembly

AI Summary

  • Authorizes the State Bond Commission to issue bonds in principal amounts not exceeding $51 million, effective July 1, 2013

  • Proceeds from bond sales shall be used by the Board of Regents for Higher Education to provide a grant-in-aid to Middlesex Community College for capital projects

  • Bonds shall mature at times not exceeding 20 years from their respective dates as determined by the State Bond Commission

  • Bonds are general obligations of the state with full faith and credit pledged for payment of principal and interest

  • Temporary notes in anticipation of bond sale proceeds may be issued and renewed in accordance with section 3-20 of the general statutes

Legislative Description

An Act Authorizing Bonds Of The State For Capital Projects At Middlesex Community College.

Last Action

Favorable Change of Reference, Senate to Committee on Finance, Revenue and Bonding

3/14/2013

Committee Referrals

Finance, Revenue and Bonding3/7/2013
Higher Education and Employment Advancement1/23/2013

Full Bill Text

No bill text available