Loading chat...
CT SB00330
Bill
Status
1/23/2013
Primary Sponsor
Higher Education and Employment Advancement Committee
Click for details
AI Summary
-
Authorizes the State Bond Commission to issue bonds in an aggregate principal amount not exceeding $4.5 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 Southern Connecticut State University for construction of a business success center.
-
The business success center will house classrooms, laboratories, meeting space, and conferencing venues for use by university students and the surrounding community.
-
Bonds shall mature within twenty years from their respective dates and are general obligations of the state backed by full faith and credit.
-
Temporary notes may be issued in anticipation of bond sales in accordance with Connecticut General Statutes Section 3-20.
Legislative Description
An Act Authorizing Bonds Of The State To Establish A Business Success Center At Southern Connecticut State University.
Last Action
Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding
3/12/2013