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CT SB00016

Bill

Official Source

Status

Introduced

2/5/2014

Primary Sponsor

Leonard Fasano

Click for details

Origin

Senate

2014 General Assembly

AI Summary

  • Directs any lapse in the debt service budget item to be used for additional payments on outstanding bonded indebtedness
  • Creates state savings by redirecting funds that would otherwise lapse toward reducing long-term debt
  • Applies to all outstanding bonded indebtedness of the state
  • Referred to Committee on Finance, Revenue and Bonding during the February 2014 session

Legislative Description

An Act Concerning Additional Payments To Reduce Capital Indebtedness.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/5/2014

Committee Referrals

Finance, Revenue and Bonding2/5/2014

Full Bill Text

No bill text available