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CT SB00415
Bill
Status
3/6/2018
Primary Sponsor
Finance, Revenue and Bonding Committee
Click for details
AI Summary
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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.
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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.
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Remaining eligible project costs for combined sewer projects continue to be funded through loans, not exceeding 100% of eligible water quality project costs.
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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