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CT HB06597

Bill

Official Source

Status

Introduced

2/3/2023

Primary Sponsor

Commerce Committee

Click for details

Origin

House of Representatives

2023 General Assembly

AI Summary

  • State Bond Commission authorized to issue up to $70 million in bonds for the Brownfield Remediation and Revitalization program, with $35 million effective July 1, 2024
  • Proceeds from bond sales shall be used by the Department of Economic and Community Development for brownfield remediation and revitalization purposes
  • Bonds shall mature within twenty years from their respective dates as determined by State Bond Commission resolution
  • Bonds are general obligations of the state with full faith and credit pledged; State Treasurer shall pay principal and interest as due
  • Act becomes effective July 1, 2023

Legislative Description

An Act Authorizing Bonds Of The State For The Brownfield Remediation And Revitalization Program.

Last Action

Referred by House to Committee on Finance, Revenue and Bonding

4/25/2023

Committee Referrals

Finance, Revenue and Bonding4/25/2023
Commerce2/3/2023

Full Bill Text

No bill text available