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CT SB00230

Bill

Status

Introduced

2/20/2014

Primary Sponsor

Commerce Committee

Click for details

Origin

Senate

2014 General Assembly

AI Summary

  • Authorizes the State Bond Commission to issue state bonds in one or more series not exceeding $3,950,000 in aggregate principal amount.

  • Bond proceeds shall be used by the Department of Economic and Community Development to provide a grant-in-aid to the Connecticut Trolley Museum in East Windsor for improvements and expansion.

  • Bonds shall mature within twenty years from their respective dates and are considered general obligations of the state backed by full faith and credit.

  • Temporary notes may be issued in anticipation of bond sale proceeds in accordance with Connecticut General Statutes section 3-20.

  • Effective July 1, 2014.

Legislative Description

An Act Authorizing Bonds Of The State For The Connecticut Trolley Museum.

Last Action

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

3/13/2014

Committee Referrals

Finance, Revenue and Bonding3/11/2014
Commerce2/20/2014

Full Bill Text

No bill text available