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CT HB05003

Bill

Official Source

Status

Introduced

2/3/2016

Primary Sponsor

Commerce Committee

Click for details

Origin

House of Representatives

2016 General Assembly

AI Summary

  • Authorizes the State Bond Commission to issue up to $1 million in state bonds, effective July 1, 2016
  • Proceeds from bond sales shall be used by the Department of Economic and Community Development to provide a grant-in-aid to the Railroad Museum of New England in Thomaston
  • Grant funds designated for construction and renovations to the museum facility
  • Bonds are general obligations of the state with full faith and credit pledge; bonds shall mature within 20 years of issuance
  • State Treasurer shall appropriate all necessary funds for payment of principal and interest as bonds mature

Legislative Description

An Act Authorizing Bonds Of The State For The Railroad Museum Of New England In The Town Of Thomaston.

Last Action

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

3/22/2016

Committee Referrals

Finance, Revenue and Bonding3/15/2016
Commerce2/3/2016

Full Bill Text

No bill text available