Loading chat...

CT SB00415

Bill

Status

Introduced

3/6/2018

Primary Sponsor

Finance, Revenue and Bonding Committee

Click for details

Origin

Senate

2018 General Assembly

AI Summary

  • Combined sewer projects may receive increased project grants of up to 80% of eligible costs (previously 50%) if state bond authorizations under section 22a-483(a) are increased on or after October 1, 2018, provided no other municipality's project grants are reduced or eliminated.

  • Increased grant funding for combined sewer projects is contingent on additional bond authorization and cannot come at the expense of grants already allocated to other municipalities.

  • Remaining eligible project costs for combined sewer projects continue to be funded through loans, not exceeding 100% of eligible water quality project costs.

  • The act takes effect October 1, 2018, and amends section 22a-478(c) of the general statutes.

Legislative Description

An Act Concerning Grants For Combined Sewer Projects.

Last Action

File Number 608

4/19/2018

Committee Referrals

Finance, Revenue and Bonding3/6/2018

Full Bill Text

No bill text available