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CT SB00011

Bill

Status

Introduced

2/4/2016

Primary Sponsor

Martin Looney

Click for details

Origin

Senate

2016 General Assembly

AI Summary

SB 11 - State Bond Authorization Bill Summary

  • Authorizes $249 million in general obligation bonds for capital improvements including $181 million for State Office Building renovations in Hartford and $60 million for York Correctional Institution heating/cooling system replacement.

  • Authorizes $30 million in bonds for grants-in-aid programs: $10 million for economic development tax credit payments and $20 million for supportive housing for persons with intellectual disability or autism spectrum disorder.

  • Adjusts authorization amounts downward for multiple prior bond acts (from PA 99-242, 01-2, 04-2, 05-1, 07-7, 09-2, 10-44, 11-57, 12-189, 13-239, 14-98, and 15-1) to reflect completed projects and modified funding needs.

  • Increases authorization for Bureau of Public Transportation bus and rail facilities from $208.1 million to $268.1 million under special tax obligation bonds.

  • Establishes detailed municipal grant distributions totaling $55 million for fiscal year 2017 across Connecticut towns and fire districts, with amounts scaled proportionally from original $60 million authorization.

Legislative Description

An Act Authorizing And Adjusting Bonds Of The State For Capital Improvements, Transportation And Other Purposes.

Last Action

File Number 712

4/25/2016

Committee Referrals

Finance, Revenue and Bonding2/4/2016

Full Bill Text

No bill text available