Loading chat...

CT SB00308

Bill

Official Source

Status

Introduced

2/27/2014

Primary Sponsor

Environment Committee

Click for details

Origin

Senate

2014 General Assembly

AI Summary

  • Authorizes the State Bond Commission to issue state bonds not exceeding $450,000 in aggregate principal amount.
  • Bond proceeds shall be used by the Department of Energy and Environmental Protection to provide a grant-in-aid to North Stonington for repairs to the Lewis Pond Dam.
  • Bonds shall be general obligations of the state with full faith and credit pledged for payment of principal and interest.
  • Bonds may mature at times not exceeding twenty years from their respective dates, with temporary notes allowed in anticipation of bond sale proceeds.
  • Effective date is July 1, 2014.

Legislative Description

An Act Authorizing The Use Of Certain Bond Funds For The Repair Of The Lewis Pond Dam In North Stonington.

Last Action

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

3/24/2014

Committee Referrals

Finance, Revenue and Bonding3/17/2014
Environment2/27/2014

Full Bill Text

No bill text available