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CT HB05876

Bill

Official Source

Status

Introduced

1/24/2013

Primary Sponsor

Lawrence Cafero

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Requires the State Bond Commission to review all outstanding bond allocations for projects that have not begun within the last five years
  • Directs the State Bond Commission to determine whether projects under review remain in the state's best interest
  • Authorizes cancellation of bond allocations for projects deemed no longer necessary or beneficial
  • Aims to reduce the state's debt obligation and ensure future capital projects serve essential purposes only

Legislative Description

An Act Establishing A Process To Cancel Certain Outstanding Bond Allocations.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

1/24/2013

Committee Referrals

Finance, Revenue and Bonding1/24/2013

Full Bill Text

No bill text available