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CT SB00011
Bill
Status
2/4/2016
Primary Sponsor
Martin Looney
Click for details
AI Summary
SB 11 - State Bond Authorization Bill Summary
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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.
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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.
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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.
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Increases authorization for Bureau of Public Transportation bus and rail facilities from $208.1 million to $268.1 million under special tax obligation bonds.
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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