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CT HB06840
Bill
Status
2/19/2015
Primary Sponsor
Brendan Sharkey
Click for details
AI Summary
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Authorizes the State Bond Commission to issue up to $795,050,000 in special tax obligation bonds for transportation infrastructure, with $520,200,000 effective July 1, 2016.
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Funds highway projects including Interstate 84 widening and viaduct replacement in Hartford, Interstate 95 widening between Bridgeport and Stamford, and various interchange improvements across the state.
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Supports public transportation expansion including bus rapid transit corridors, rail rolling stock replacement, Hartford Line expansion, new rail stations, and real-time transit information systems.
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Requires the Secretary of the Office of Policy and Management to file requests with the State Bond Commission identifying specific projects and recommendations for combining state bonds with federal or private funding sources.
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Establishes that bonds are special state obligations repayable only from pledged state revenues and do not create liability for the state beyond available pledged funds.
Legislative Description
An Act Concerning Investments In Connecticut's Transportation Infrastructure.
Last Action
File Number 803
5/11/2015