CT SB00339

Appropriates $2 million annually to the Tweed-New Haven Airport Authority from the General Fund for airport operations, effective July 1, 2014, and continuing each fiscal year thereafter.

Authorizes the State Bond Commission to issue up to $2 million in state bonds to fund trimming or removing trees and paving existing runway safety areas at Tweed-New Haven Airport.

Bonds authorized under this act shall mature within 20 years and are general obligations of the state backed by the full faith and credit of Connecticut.

Appropriates all amounts necessary for timely payment of principal and interest on authorized bonds, with the State Treasurer responsible for payment as amounts become due.