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CT HB05271

Bill

Official Source

Status

Introduced

2/20/2014

Primary Sponsor

Commerce Committee

Click for details

Origin

House of Representatives

2014 General Assembly

AI Summary

  • State Bond Commission authorized to issue up to $3 million in bonds effective July 1, 2014
  • Bond proceeds shall be used by the Department of Economic and Community Development to provide a grant-in-aid to the Connecticut Center for Advanced Technology
  • Grant funds designated for purchasing hardware and equipment for the center's advanced manufacturing for composites initiative
  • Bonds are general obligations of the state with full faith and credit pledged; bonds shall mature within twenty years from issuance
  • Temporary notes may be issued in anticipation of bond sale proceeds in accordance with state general statutes section 3-20

Legislative Description

An Act Authorizing Bonds Of The State For The Advanced Manufacturing Of Composites In Connecticut.

Last Action

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

3/21/2014

Committee Referrals

Finance, Revenue and Bonding3/18/2014
Commerce2/20/2014

Full Bill Text

No bill text available